Halister News

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

• Initial Claims 270k; range 245k to 315k (42 estimates)
• Cont. Claims 1992k; range 1990k to 2025k (6 estimates)
• “The jobless claims data were greatly impacted by the hurricanes and will continue to be distorted over the next several weeks”: Bloomberg Intelligence
• The prior report showed claims dropped by 23,000 in the week ended Sept. 16 to 259,000
• Adv Goods Trade Balance $-65.1b; range $-68b to $-61b (35 estimates)
• Wholesale Inv. 0.4% m/m; range 0.1% to 0.5% (13 estimates)
• Exports have been boosted by global growth and the weakening dollar: Bloomberg Intelligence
• GDP 3% q/q; range 2.8% to 3.3% (69 estimates)
• PCE 3.3% q/q; range 3.1% to 3.4% (10 estimates)
• GDP Price Index 1% q/q; range 1% to 1% (25 estimates)
• Core PCE Prices 0.9% q/q; range 0.9% to 0.9% (6 estimates)
• “The composition of growth at mid-year shows a solid contribution from consumer spending and a potential re-emergence of business investment”: Bloomberg Intelligence
• In last month’s GDP revision, the government lifted its second-quarter GDP estimate to a 3 percent annual growth rate from 2.6 percent

To contact the reporters on this story: Alex Tanzi in Washington at atanzi@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