You are currently browsing the Burbank Real Estate Report weblog archives for the day 7. October 2007.
7. October 2007 by Ana Connell.

Monday 10
US Holiday…..Columbus Day!Tuesday 11
ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending.
Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores.
FOMC Minutes
Wednesday 12
MBA Purchase Applications measures applications at mortgage lenders. This is considered a leading indicator for single family home sales and housing construction.
Wholesale Trade-This report is a measure of economic growth in that it looks at sales made and inventories held by wholesalers.
4 Week bill Auction
Thursday 13
Jobless Claims Unemployment claims.
International Trade Gauges economic trends by measuring levels of imports and exports.
EIA Petroleum Status Report reports on crude oil inventories in the U.S.
Chain Store Sales Another indicator of consumer spending trends.
3 and 6 month Treasury Bill Announcement , 10 year Bond Auction Investors use this data to attempt to predict future Federal Reserve policy.
Friday 14
Producer Price Index PPI Consensus Forecast for August 07: -.3% percent
EIA Natural Gas Report-Tracks natural gas inventories.
Last week proved to be positive overall for stocks as confidence is growing that the worst of the subprime mess is over. Dow set a record close of just over 14,000, giving the 4th quarter a good start.
For more information on last week’s activity, check out my Week in Review!
Have a great holiday everyone!
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