HALISTER1: U.S. ECO PREVIEW: Durables, Jobless Claims Due in 5 Minutes

U.S. ECO PREVIEW: Durables, Jobless Claims Due in 5 Minutes

(Bloomberg) -- Factory orders for durable goods seen unchanged in Sept. after rising 0.1% in Aug. (forecast range -2% to +5%); based on value of orders received for goods manufactured to last 3 or more years.
  • Shipments of capital equipment declined for 4th consecutive month in Aug., indicating lingering weakness in manufacturing
  • Initial jobless claims seen at 255k in week ended Oct. 27 vs 260k prior week (forecast range 245k to 270k); represents inflow of workers receiving benefits.
    • Claims have been below 300k for 85 consecutive weeks, longest since 1970
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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