New Home Sales for October decreased to a 283,000 annual pace, following a revised 308,000 pace in September. Over the year New Home Sales are down 28.5% from 396,000 in October of 2009. The median sales price was $194,900 and the average sales price was $248,200. The estimate of new houses for sale at the end of September was 202,000, representing a supply of 8.6 months at the current sales rate.
Crude inventories increased by 1.0 million barrels, for the week ending November 19, from the previous week to 358.6 million barrels and were above the upper limit of the average range for this time of year. U.S. crude oil refinery inputs averaged 14.3 million barrels per day during this period, 9 thousand barrels per day above the previous week’s average. U.S. crude oil imports were averaging 9.0 million barrels per day, up by 1.2 million barrels per day from the previous week.
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Non Farm Productivity (12/01 at 8:30 AM EST)
ISM Manufacturing Index (12/01 at 10:00 AM EST)
Construction Spending (12/01 at 10:00 AM EST)
Crude Inventories (12/01 at 10:30 AM EST)
