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 economic releases as compiled by Bloomberg News.
  • Initial Claims 243k; range 235k to 250k (40 estimates)
  • Cont. Claims 1958k; range 1950k to 1962k (6 estimates)
    • "Claims are prone to bouncing around in July and the early portion of August, given the annual retooling in the auto industry. Nevertheless, the pace of claims points to an extremely tight labor market and trends are consistent with a declining unemployment rate”: Bloomberg Intelligence
    • The prior report showed claims rose to 244,000 in the week ended July 21
To contact the reporters on this story: Chris Middleton in Washington at cmiddleton2@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

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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