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Wednesday, April 29, 2020

Thursday: Unemployment Claims, Personal Income and Outlays, Chicago PMI

by Calculated Risk on 4/29/2020 09:15:00 PM

Merrill: "We expect initial jobless claims of 4.1mn for the week ending April 25, revising up from our preliminary forecast of 3.5mn."

• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a 3.500 million initial claims, down from 4.427 million the previous week.

• Also at 8:30 AM ET, Personal Income and Outlays, March 2020. The consensus is for a 1.4% decrease in personal income, and for a 5.0% decrease in personal spending. And for the Core PCE price index to decrease 0.1%.

• At 9:45 AM, Chicago Purchasing Managers Index for April.