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

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

(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
  • Initial Claims 250k; range 240k to 260k (40 estimates)
    • "Jobless claims could misinform the March payrolls forecast as the weekly data were likely distorted by winter-storm Stella, which hit the Northeast in the middle of the month. Even though the impact was not as severe as had been feared, many businesses shut down in anticipation of the storm": Bloomberg Intelligence
    • Weekly filings have been below 300,000 since early 2015, a level many economists consider consistent with a healthy labor market
  • Cont. Claims 2030k; range 2010k to 2050k (6 estimates)

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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