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Wednesday, April 15, 2020

Thursday: Housing Starts, Unemployment Claims, Philly Fed Mfg

by Calculated Risk on 4/15/2020 07:40:00 PM

CR Note: The number of weekly claims will be huge again. Also, the March housing starts report will likely show weakness due to COVID-19.

The Philly Fed manufacturing survey is for April, and will probably be very weak.

• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a 6.500 million initial claims, down from 6.606 million the previous week.

• Also at 8:30 AM, Housing Starts for March. The consensus is for 1.307 million SAAR, down from 1.599 million SAAR in February.

• Also at 8:30 AM, the Philly Fed manufacturing survey for April. The consensus is for a reading of -30.0, down from -12.7.