Recession Watch Metrics

Asking Rents Mostly Unchanged Year-over-year

Wednesday: MBA Mortgage Applications

Cotality: House Prices Increased 1.7% YoY in June; Weakest June since 2008

Q2 NY Fed Report: Mortgage Originations by Credit Score, Foreclosures Decrease

NY Fed Q2 Report: Household Debt Increased $185 Billion in Q2; Delinquencies Elevated

ISM® Services Index Decreased to 50.1% in July; Prices Paid Highest Since 2022

Trade Deficit Decreased to $60.2 Billion in June

Tuesday: Trade Deficit, ISM Services, NY Fed Household Debt and Credit

Heavy Truck Sales Decreased 12% YoY in July