U.S. ECO PREVIEW: Jobless Claims, Philadelphia Fed in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Initial jobless claims seen at 275k in week ended Feb. 13 (forecast range 255k to 285) vs 269k previous week.
Alert: HALISTER1- Claims averaged 278k in 2015; last yr’s low, 255k in week ended July 17, was lowest in more than four decades vs recession high 665k in week ended March 27, 2009
- Philadelphia Fed Business Outlook Survey seen at -3 in Feb. vs -3.5 in Jan. (forecast range -7.5 to +1); diffusion index represents percentage of respondents indicating increase minus percentage indicating decline
- Range over past decade is -40.9 (Nov. 2008) to 36.6 (March 2011)
Source: BFW (Bloomberg First Word)
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UUID: 7947283