International Business Times poll on major U.S. economic releases scheduled for release during the week of April 22, 2019.

Economists expect real GDP growth rate at 2.3 percent in the first quarter, a notch higher than the previous quarter’s 2.2 percent. The economy is likely to retain its momentum despite various distortions, including the government shutdown and inclement weather, seen in the first quarter.

The housing market will likely see a moderate drop in existing and new home sales after surprisingly strong February prints. Existing home sales in March is expected to fall to 5.32 million units from the prior month’s 5.51 million units. New home sales in March will likely drop to 646,000 units from 667,000 units in February. In its note, Bank of America maintained its view that home sales will rise in the near-term due to the drop in mortgage rates.

Other noticeable indicators for this week include weekly jobless claims and final reading of the Michigan consumer sentiment survey.

Weekly Poll
International Business Times poll on major U.S. economic releases scheduled for the week of April 22, 2019. International Business Times
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