U.S. ECO PREVIEW: Durables, Jobless Claims Due in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Initial jobless claims seen at 250k in week ended Nov. 19 vs 235k prior week (forecast range 225k to 265k); represents inflow of workers receiving benefits.
Alert: HALISTER1- Prior weekly reading was lowest since 1973; initial claims have been below 300k for 89 consecutive weeks
- Factory orders for durable goods seen rising 1.7% in Oct. after falling 0.3% in Sept. (forecast range -1 to +8%); based on value of orders received for goods manufactured to last 3 or more years
- Orders declined in 3 of past 5 months
Source: BFW (Bloomberg First Word)
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UUID: 7947283