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Wednesday: FOMC Statement, Job Openings, Vehicle Sales, ISM Manufacturing and More


Note: Mortgage rates are from and are for top tier scenarios.

• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

• At 8:15 AM, The ADP Employment Report for October. This report is for private payrolls only (no government).  The consensus is for 135,000 jobs added, up from 89,000 in September.

• At 10:00 AM, Job Openings and Labor Turnover Survey for August from the BLS.

• At 10:00 AM, ISM Manufacturing Index for October.  The consensus is for 49.0, unchanged from 49.0. 

• At 10:00 AM, Construction Spending for September.  The consensus is for 0.4% increase in spending.

• At 2:00 PM, FOMC Meeting Announcement. No change to FOMC policy is expected at this meeting.

• At 2:30 PM, Fed Chair Jerome Powell holds a press briefing following the FOMC announcement.

• All day: Light vehicle sales for October. The consensus is for sales of 15.1 million SAAR, down from 15.7 million SAAR in September (Seasonally Adjusted Annual Rate).

Freddie Mac House Price Index Increased in September to New High; Up 5.2% Year-over-year

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