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

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

(Bloomberg) -- Initial jobless claims seen at 265k in wk ended Aug. 13 vs 266k prior wk (forecast range 260k to 275k); represents inflow of workers receiving unemployment benefits.
  • Claims have been below 300k for 75 weeks in a row, longest stretch since 1970s
  • Philadelphia Fed Business Outlook seen at 2 in July vs -2.9 in June (forecast range -5 to 7); gauge of sentiment in Philadelphia Fed district (Eastern Pennsylvania, Southern New Jersey, Delaware)
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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UUID: 7947283