Halister News

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.

• New Home Sales 585k; range 550k to 628k (70 estimates)
• New Homes 2.5% m/m; range -3.7% to 10% (70 estimates)
• "Any near-term acceleration in sales is questionable because of the ongoing scarcity of supply. This problem will only be amplified, given the hurricanes significantly disrupted construction activity”: Bloomberg Intelligence
• August new home sales dropped 9.4 percent to 571,000 at an annual rate, the lowest of the year
• Consumer Conf. 120; range 115 to 123 (68 estimates)
• "Harvey and Irma could distort the headline, though hurricanes have not had as great of an influence on consumer attitudes as they once have”: Bloomberg Intelligence
• In August, the confidence index increased to 122.9, the second highest in 17 years
• Rich. Fed 13; range 10 to 15 (8 estimates)

To contact the reporters on this story: Chris Middleton in Washington at cmiddleton2@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Kristy Scheuble