U.S. ECO PREVIEW: Trade Deficit, Jobless Claims Due in 5 Minutes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
- Productivity -0.1% q/q; range -0.8% to 0.8% (55 estimates)
- Unit Labor Costs 2.7% q/q; range 0.5% to 3.7% (47 estimates)
- Trade Balance -44.5b; range -47.8b to -43.5b (57 estimates)
- No major revisions to 1Q GDP are expected, based on the March trade report -- Bloomberg Intelligence
- Initial Claims 248k; range 235k to 255k (48 estimates)
- Cont. Claims 1990k; range 1990k to 2010k (5 estimates)
- The 23k increase in jobless claims seen in the previous two weeks is typical around the Easter/spring break period and usually fully reverses within one month -- Bloomberg Intelligence
- Factory Orders 0.4% m/m; range -0.3% to 1.5% (51 estimates)
- Durables 0.7% m/m; range -1% to 1% (3 estimates)
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283