U.S. ECO PREVIEW: GDP and Jobless Claims 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.
- GDP 1.2% q/q; range 0.9% to 1.5% (75 estimates)
- PCE 0.6% q/q; range 0.5% to 1.5% (16 estimates)
- GDP Price Index 2.2% q/q; range 2% to 2.2% (26 estimates)
- Core PCE Prices 2.1% q/q; range 2% to 2.1% (7 estimates)
- “By the time the third revision to 1Q GDP hits the newswires, it is pretty old news -- the calendar will be two days away from 3Q. For that reason, do not expect any market-moving results in this release”: Bloomberg Intelligence
- Initial Claims 240k; range 226k to 250k (45 estimates)
- Cont. Claims 1935k; range 1930k to 1950k (7 estimates)
- In the prior report, initial claims rose by 3,000 in the week ended June 17 to 241,000, still close to a four-decade low
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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To modify this alert, click here
UUID: 7947283