Wednesday, October 26, 2016

Thursday: Durable Goods, Unemployment Claims, Pending Home Sales and More

by Bill McBride on 10/26/2016 08:44:00 PM

Thursday:
• At 8:30 AM ET, the initial weekly unemployment claims report will be released.  The consensus is for 255 thousand initial claims, down from 260 thousand the previous week.  Note: I expect some further impact on claims due to Hurricane Matthew.

• Also at 8:30 AM, Durable Goods Orders for September from the Census Bureau. The consensus is for a 0.2% increase in durable goods orders.

• At 10:00 AM, Pending Home Sales Index for September. The consensus is for a 1.0% increase in the index.

• Also at 10:00 AM, the Q3 Housing Vacancies and Homeownership from the Census Bureau.

• At 11:00 AM, the Kansas City Fed Survey of Manufacturing Activity for October.