Google+

Economic Calendar July 2017

Mortgage Elements - Economic CalendarEconomic Calendar of Key Economic Indicators Released in July 2017

Below is an Economic Calendar that shows when key Economic Indicators and Economic Data is scheduled for release in July 2017. Since this is a website for the Mortgage Industry, this Economic Calendar is geared toward and emphasizes Economic Data that is of particular interest to Housing, Real Estate, and Mortgage Professionals but can be useful to anyone interested in Economics, Economic Data, Stock Markets, Bond Markets, Labor Markets, Housing Markets, etc. This Economic Calendar can be viewed online or downloaded and saved as a PDF.

This Economic Calendar is a convenient tool for Mortgage and Real Estate Professionals. It is formatted for simplicity and ease of use across different viewing screens - desktop, laptop, iPad, Smart phone, or plain old fashion paper. The Economic Calendar can be downloaded as a PDF document and stored on your computer or printed on letter size paper. Many people prefer the old fashioned method - they print the Economic Calendar each month and post it in a prominent location. An Economic Calendar hanging in your office or cubicle is a good reminder so you don't get SURPRISED by large movements in mortgage rates due to releases of Economic Information. The last two pages contain a brief description of the major Economic Indicators that are included in this Economic Calendar.

Market Influence of Different Economic Indicators

There are over 50 different Economic Indicators displayed in this Economic Calendar and some indicators have more influence on the markets than others. In this Economic Calendar, we have highlighted the indicators that have a heavy influence on the markets. Below is a rough classification of the market influence that each Economic Indicator exerts.

The market influence of each Economic Indicator is subjective and changes with market conditions and personal preference. Just because a particular Economic Indicator may exert only minimal influence on the markets does not deter from its importance. For example, The NAHB Housing Market Index measures the sentiment of Home Builders across the country. It is widely watched and an important housing indicator but has minimal influence to move the markets. If you are a Loan Officer that originates a lot of mortgages for new homes, it would be a very important Economic Indicator to follow since many of your borrowers are buying homes from these builders. You would also want to reference this Economic Calendar to follow New Home Sales and Building Permits since this would be a forward looking indicator to future origination possibilities.

Most Economic Indicators and Economic Data is typically released in the morning between 7:30 AM and Noon Eastern Time, but there are releases and announcements all day long.

Heavy Influence

Moderate Influence

Fed Chair Press Conference
FOMC Meetings and Announcements
FOMC Minutes & Forecasts
Employment Situation / Jobs Report
CPI - Consumer Price Index
PPI - Producer Price Index
GDP - Gross Domestic Product
Durable Goods Orders
Industrial Production
Retail Sales
ADP Employment Report
Beige Book
Construction Spending
Employment Cost Index
Existing Home Sales
Factory Orders
Housing Starts
ISM Manufacturing Index
ISM Non-Manufacturing Index
New Home Sales
Personal Income and Spending
Trade Balance
Vehicle Sales
Weekly Jobless Claims

Light Influence

Minimal Influence

Business Inventories
Chicago PMI
Consumer Confidence
Consumer Credit
Consumer Sentiment
Corporate Profits
Empire State Report (Manufacturing Survey)
FHFA House Price Index
Import - Export Prices
JOLTS - Job Openings and Labor Turnover Survey
Labor Market Conditions Index
Leading Indicators
Pending Home Sales Index
Philly Fed Report
Productivity and Costs
S&P Corelogic Case-Shiller Home Price Index
TIC Flows - Treasury International Capital
Chain Store Sales
Chicago Fed Report (National Activity Index)
Current Account
Dallas Fed Report (Manufacturing Survey)
Kansas City Fed Report (Manufacturing Index)
MBA Mortgage Applications
NAHB Housing Market Index
NFIB Small Business Optimism Index
PMI Manufacturing Index
PMI Services Index
Richmond Fed Report (Manufacturing Index)

Fed Week and Fed Watchers

No Economic Calendar would be complete without including the Federal Reserve meetings and statements. The Mortgage Business (and the entire US Economy) is heavily influenced by interest rates so anything having to do with the Federal Reserve is always scrutinized. One of the biggest Economic events is the Federal Open Market Committee Meeting - FOMC Meeting. These meetings occur 8 times a year and last 2 days, usually starting on a Tuesday morning and ending on Wednesday afternoon. This is called Fed Week.

July 2017 has a Fed Week - FOMC Meeting starting on July 25th and concluding on July 26th.

After the meeting, the Fed will release statements, announcements, and its interest rate decision. The Fed Chair also usually conducts a press conference and delivers a prepared statement. There is a group of people in financial circles called Fed Watchers that dissect every syllable of Fed Statements and Fed Announcements in an attempt to forecast the Fed's next move.

About 2 weeks after the FOMC Meeting, the Fed releases the FOMC Minutes which contain a detailed record of the last FOMC Meeting. Fed watchers also carefully analyze the FOMC Minutes to help forecast the direction and timing of the next interest rate move.

Join Our Mailing ListAs an additional convenience, we email the Economic Calendar at the beginning of each month to individuals that have joined our email list - and we never sell your name and email address to anyone.

To download a PDF of the Economic Calendar for July 2017- Click on the calendar.
If you would like a PDF of the entire year - Click Here.Economic Calendar January 2015

This Economic Calendar is created by Mortgage Elements Inc and is for informational purposes only. The information is gathered and compiled from sources believed to be credible, but Mortgage Elements does not guarantee or warrant its accuracy or completeness. The dates and times of the release of Economic information is subject to change without notice and controlled by the individual data provider.