Wednesday, June 24, 2020

Thursday: Unemployment Claims, GDP, Durable Goods

by Calculated Risk on 6/24/2020 08:42:00 PM

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a 1.300 million initial claims, down from 1.508 million the previous week.

• Also at 8:30 AM, Durable Goods Orders for May from the Census Bureau. The consensus is for a 10.6% increase in durable goods orders.

• Also at 8:30 AM, Gross Domestic Product, 1st quarter 2020 (Third estimate). The consensus is that real GDP decreased 5.0% annualized in Q1, unchanged from the second estimate of a 5.0% decrease.

• At 11:00 AM, the Kansas City Fed manufacturing survey for June. This is the last of regional manufacturing surveys for June.<