US economic calendar picks up today - BBH

Research Team at BBH, suggests that the US economic calendar picks up today following yesterday's news of a much stronger than expected Dallas manufacturing survey (to 10.2 from -1.5), which was the strongest in more than two years as oil sector investment is thought to have bottomed out. 

Key Quotes

“The US reports its second look at Q3 GDP.  It is expected to tick up to 3% from 2.9% mostly on the back of stronger consumption.  S&P CoreLogic will report house prices, and the Conference Board's measure of November consumer confidence is expected to jump from 98.6 in October back above 100.  NY Fed President Dudley talks about the Puerto Rico economy early in the North American session, while Governor Powell speaks early afternoon.”

“The ADP report, October consumption and income figures, and Chicago PMI will be released tomorrow, and the Beige Book will be released ahead of the mid-December FOMC meeting.”