Traders and analysts will have a full slate of macroeconomic data to process on Tuesday, May 26, 2026, as the Conference Board Consumer Confidence index is due out at 9:00 AM ET. The index - seen as a leading indicator for household spending - is forecast at 91.9, down from the prior reading of 92.8. Market participants will be watching the release for fresh signals about consumers' perceptions of current and expected economic conditions.
Beyond the consumer confidence print, a number of housing-related reports are scheduled for early in the session. At 8:00 AM ET the S&P/Case-Shiller HPI Composite-20 non-seasonally adjusted series is forecast to show a 1.0% change versus a previous 0.9% reading. That same hour includes a suite of house-price indicators: the S&P/Case-Shiller Composite-20 in its repeat-sales formulation (previous 0.4%), an OFHEO-style House Price Index based on Fannie Mae and Freddie Mac data (previous 1.7%), the Monthly Home Price Index level (previous 441.4), and the seasonally adjusted S&P/CS HPI Composite-20 (previous -0.1%). The broader House Price Index is forecast to tick up 0.1% from a prior reading of 0.0%.
Earlier in the morning, the Chicago Fed National Activity index is on the docket at 7:30 AM ET, with its previous value recorded at -0.20. The Dallas Fed’s Manufacturing Business Index will be released at 9:30 AM ET; the last published reading was -2.3, reflecting respondents' views on factory output, hiring, orders and prices in that regional economy.
On the Treasury front, market participants will monitor several debt auctions that could influence short-term yields. A 3-month bill auction and a 6-month bill auction are both scheduled for 10:30 AM ET; prior yields were 3.600% and 3.615%, respectively. A 2-year note auction is set for noon ET, with the previous yield on two-year government debt recorded at 3.812%.
Also at noon, the U.S. M2 money supply figure is due; the previous aggregate was 22.69 trillion, a broad measure that includes savings deposits, time deposits and retail money market mutual fund balances. Each of these releases contributes data points used by market participants gauging liquidity, lending conditions and the potential trajectory of consumer expenditures and housing demand.
The timetable of releases for Tuesday is as follows:
- 7:30 AM ET - Chicago Fed National Activity: Previous -0.20
- 8:00 AM ET - S&P/CS HPI Composite-20 n.s.a.: Forecast 1.0%, Previous 0.9%
- 8:00 AM ET - S&P/CS HPI Composite-20 (repeat-sales): Previous 0.4%
- 8:00 AM ET - House Price Index (OFHEO/Fannie & Freddie data): Previous 1.7%
- 8:00 AM ET - Monthly Home Price Index: Previous 441.4
- 8:00 AM ET - S&P/CS HPI Composite-20 s.a.: Previous -0.1%
- 8:00 AM ET - House Price Index: Forecast 0.1%, Previous 0.0%
- 9:00 AM ET - Conference Board Consumer Confidence: Forecast 91.9, Previous 92.8
- 9:30 AM ET - Dallas Fed Manufacturing Business Index: Previous -2.3
- 10:30 AM ET - 3-Month Bill Auction: Previous 3.600%
- 10:30 AM ET - 6-Month Bill Auction: Previous 3.615%
- 12:00 PM ET - 2-Year Note Auction: Previous 3.812%
- 12:00 PM ET - US M2 Money Supply: Previous 22.69T
Collectively, these releases offer market participants multiple lenses on consumer behavior, home-price dynamics and short-term financing costs. The consumer confidence index is often used as an early gauge of whether households may accelerate or pull back on spending, while the suite of home-price measures provides snapshots of price movements across major metropolitan markets and broader house-price trends tracked by Fannie Mae and Freddie Mac data. Treasury auctions and money-supply data supply additional context on funding costs and liquidity conditions.
Investors and analysts will be parsing the timing and details of each print throughout the day to assess implications for consumption, housing and financial conditions. Given the concentration of housing reads and Treasury auctions alongside the consumer-confidence release, Tuesday's data flow could influence market narratives on spending, mortgage-related pricing and the near-term path of short-term yields.