U.S. ECO PREVIEW: Durables, Claims, Adv. Trade Due in 5 Minutes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
- Adv Goods Trade Balance $-65.2b; range $-66.8b to $-55b (40 estimates)
- Goods balance has declined two of the past three months
- Wholesale Inv. 0.2% m/m; range 0% to 0.5% (11 estimates)
- Durables 1.3% m/m; range -0.5% to 4.3% (79 estimates)
- Durables Ex-Trans 0.4% m/m; range 0% to 1.2% (56 estimates)
- Cap Gds Nondef Ex Air 0.5% m/m; range -0.5% to 1% (24 estimates)
- Cap Gds Ship Nondef Ex Air 0.1% m/m; range -0.2% to 0.2% (6 estimates)
- Cap goods new orders ex-aircraft were negative for first time in five months in Feb.
- "Aircraft-led increase expected in March." -- Wrightson
- An increase should be expected, as four of the five new order components of the regional Fed surveys registered gains last month. -- Bloomberg Intelligence
- Initial Claims 245k; range 235k to 256k (47 estimates)
- Cont. Claims 2007k; range 1985k to 2040k (6 estimates)
- Continuing claims currently at lowest level since April 2000
- Claims remain historically low. Employers appear to be opting to retain workers rather than furlough them amid the 1Q growth soft patch. -- Bloomberg Intelligence
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283