Thursday, May 25, 2017

Friday: GDP

by Bill McBride on 5/25/2017 09:56:00 PM

Friday:
• At 8:30 AM ET, Durable Goods Orders for April from the Census Bureau. The consensus is for a 0.9% decrease in durable goods orders.

• Also at 8:30 AM ET, Gross Domestic Product, 1st quarter 2017 (Second estimate). The consensus is that real GDP increased 0.8% annualized in Q1, up from the advance estimate of 0.7%.

• At 10:00 AM, University of Michigan's Consumer sentiment index (final for May). The consensus is for a reading of 97.6, down from the preliminary reading 97.7.