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Wednesday, February 24, 2021

Thursday: GDP, Unemployment Claims, Pending Home Sales

by Calculated Risk on 2/24/2021 09:27:00 PM

• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for a decrease to 845 thousand from 861 thousand last week.

• Also at 8:30 AM, Gross Domestic Product, 4th quarter 2020 (Second estimate). The consensus is that real GDP increased 4.1% annualized in Q4, up from the advance estimate of 4.0%.

• Also at 8:30 AM, Durable Goods Orders for January from the Census Bureau. The consensus is for a 1.1% decrease in durable goods orders.

• At 10:00 AM, Pending Home Sales Index for January. The consensus is for a 0.1% decrease in the index.

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