Introduction#
On Tuesday, March 17, 2026, traders will be looking at several important economic reports that could influence market trends. These data releases will provide insights into the housing market and petroleum demand, helping investors understand the current state of the U.S. economy.
Major Economic Events#
- Pending Home Sales (9:00 AM ET): This report is expected to show a decrease of 1.2% in pending home sales, compared to a previous decline of 0.8%. Pending home sales measure the number of homes under contract to be sold but not yet closed, excluding new construction. This data is crucial for gauging the health of the housing market.
Other Important Reports#
- ADP Employment Change (7:15 AM ET): This report will provide insights into private sector employment, with the previous figure at 15,500 jobs added. It uses high-frequency data to give a current view of the labor market.
- 20-Year Bond Auction (12:00 PM ET): The yield from the previous auction was 4.664%. This auction represents the return investors can expect from holding the bond until maturity.
- API Weekly Crude Stock (3:30 PM ET): The previous report indicated a decrease of 1.7 million barrels in crude oil inventories. This data helps assess petroleum demand trends in the U.S.
Additional Economic Indicators#
- Chicago Fed President Evans Speaks (6:30 AM ET): Comments from Federal Reserve Bank of Chicago President Charles Evans may impact short-term market trends.
- Dallas Fed PCE (7:30 AM ET): The previous trimmed-mean PCE inflation rate was 2.20%, which excludes extreme price changes to provide a clearer picture of core inflation.
- Redbook (7:55 AM ET): The previous year-over-year same-store sales growth was 6.2%, indicating retail performance.
- NAHB Housing Market Index (9:00 AM ET): The previous index reading was 36, with values above 50 indicating a positive outlook for future home sales.
- 52-Week Bill Auction (10:30 AM ET): The previous rate was 3.390%, representing the return for investors holding the bill until maturity.
Stay tuned for these reports, as they will provide valuable insights into the economic landscape.
