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Wednesday, March 27, 2024

Thursday: GDP, Unemployment Claims, Pending Home Sales

by Calculated Risk on 3/27/2024 07:41:00 PM

Mortgage Rates Note: Mortgage rates are from and are for top tier scenarios.

• At 8:30 AM ET, Gross Domestic Product, 4th Quarter and Year 2023 (Third Estimate), GDP by Industry, and Corporate Profits. The consensus is that real GDP increased 3.2% annualized in Q4, unchanged from the second estimate.

• Also at 8:30 AM, The initial weekly unemployment claims report will be released.  The consensus is for 208 thousand initial claims, down from 210 thousand last week.

• At 9:45 AM, Chicago Purchasing Managers Index for March. The consensus is for a reading of 43.0, down from 44.0 in February.

• At 10:00 AM, Pending Home Sales Index for February. The consensus is for a 2.0% increase in the index.

• Also at 10:00 AM, University of Michigan's Consumer sentiment index (Final for March). The consensus is for a reading of 76.5.

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