M Update US Economics | North America July 19, 2024 08:20 PM GMT Key Data Watch Calendar Existing home sales (Tuesday, 10am) We forecast a 4% decline in existing home sales to a 3.95 million unit annual rate—a return to near recent lows. S&P manufacturing index (Wednesday, 9:45am) The S&P manufacturing index has been trending up since mid- to late-last year and is now in expansion. The ISM index has been less positive. On net, the two have improved, consistent with the hints of stabilization in industrial p ...