Halister News

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.

• Adv Goods Trade Balance $-65.5b; range $-71.5b to $-63.4b (31 estimates)
• Durables 3.9% m/m; range -1.1% to 7.5% (70 estimates)
• Durables Ex-Trans 0.4% m/m; range 0% to 0.9% (53 estimates)
• Cap Gds Nondef Ex Air 0.3% m/m; range 0% to 1% (21 estimates)
• Cap Gds Ship Nondef Ex Air 0.3% m/m; range 0.2% to 0.3% (4 estimates)
• Commercial aircraft will probably lead durable goods orders higher; core capital goods orders, a proxy for business investment, will probably hold steady: NatWest Markets
• In May, total orders dropped 0.8 percent, the second consecutive monthly decline
• Chi Fed NAI 0.37; range 0.1 to 0.5 (4 estimates)
• Initial Claims 240k; range 230k to 250k (39 estimates)
• Cont. Claims 1960k; range 1950k to 1980k (6 estimates)
• "Claims may experience some volatility as anecdotes suggest a larger and prolonged layoff period associated with the annual retooling in the auto industry”: Bloomberg Intelligence
• In the prior report, claims dropped to a nine-week low of 233,000
• Wholesale Inv. 0.3% m/m; range 0.2% to 0.5% (8 estimates)

To contact the reporters on this story: Chris Middleton in Washington at cmiddleton2@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Kristy Scheuble