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) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
  • Philly Fed 25.5; range 18 to 35.9 (49 estimates)
    • "It is likely that the headline gave up more ground, based on the continued lackluster trends in the actual metrics of output": Bloomberg Intelligence
  • Initial Claims 240k; range 230k to 255k (38 estimates)
  • Cont. Claims 2024k; range 2015k to 2030k (4 estimates)
    • "Fluctuations in the timing of the Easter holiday tend to result in temporary distortions": Bloomberg Intelligence
    • Prior report showed claims fell by 1,000 in week ended April 8 to 234,000, the lowest since a 44-year low of 227,000 in late February
    • Today’s data will correspond to the survey week for the government’s monthly employment report

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283