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Wednesday, May 29, 2024

Thursday: GDP, Unemployment Claims, Pending Home Sales

by Calculated Risk on 5/29/2024 08:02:00 PM

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

• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 218 thousand initial claims, up from 215 thousand last week.

• Also at 8:30 AM, Gross Domestic Product, 1st quarter 2023 (Second estimate). The consensus is that real GDP increased 1.2% annualized in Q1, down from the advance estimate of 1.6%.

• At 10:00 AM, Pending Home Sales Index for April. The consensus is for a 0.6% decrease in the index.