Wednesday, March 14, 2018

Thursday: Unemployment Claims, NY Fed Mfg, Philly Fed Mfg, Homebuilder Confidence

by Bill McBride on 3/14/2018 08:33:00 PM

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 230 thousand initial claims, down from 231 thousand the previous week.

• Also at 8:30 AM, the Philly Fed manufacturing survey for March. The consensus is for a reading of 23.3, down from 25.8.

• Also at 8:30 AM, The New York Fed Empire State manufacturing survey for March. The consensus is for a reading of 14.6, up from 13.1.

• At 10:00 AM, The March NAHB homebuilder survey. The consensus is for a reading of  72, unchanged from 72 in February. Any number above 50 indicates that more builders view sales conditions as good than poor.