U.S. ECO PREVIEW: Jobless Claims, Philadelphia Fed Due in 5 Min.
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Initial jobless claims seen at 250k in week ended Oct. 15 vs 246k prior week (forecast range 235k to 300k); represents inflow of workers receiving benefits.
Alert: HALISTER1- Prior week’s claims lowest since 1973; claims have been below 300k for 84 consecutive weeks, longest stretch since 1970
- Philadelphia Fed Business Outlook seen at 5 in Oct. vs 12.8 in Sept. (forecast range 2 to 15.7); gauge of sentiment in Philadelphia Fed district (Eastern Pennsylvania, Southern New Jersey, Delaware)
- Prior month’s reading highest since Feb. 2015
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
UUID: 7947283