GDP, jobless claims, home sales on tap
Mike Yamamoto | [email protected]
Revised third-quarter GDP figures will be released at 8:30 a.m. ET. The consensus forecast calls for a reading of 2.7 percent, unchanged from the last revision.
Weekly jobless claims will also be reported at 8:30 a.m. ET. The consensus estimate is 345,000 new filings, up slightly from last week's 343,000. Continuing claims are expected to come in at 3.192 million, down from 3.198 million.
The weekly reading of the Bloomberg Consumer Comfort Index will be announced at 9:45 a.m. ET.
Existing home sales for November will come out at 10 a.m. ET. Most analysts are expecting 4.9 million sales, up from October's 4.79 million.
The Philadelphia Fed Survey for December will also be released at 10 a.m. ET. The consensus calls for a reading of -1.3, compared with November's -10.7.
The FHFA Housing Price Index for October will be reported at 10 a.m. ET as well. The number is expected to show an increase of 0.3 percent, up from September's 0.2 percent.
Leading indicators for November are the last report at this hour. The consensus forecast is 0.2 percent, unchanged from October.
The Energy Information Administration will follow with its weekly natural-gas inventories at 10:30 a.m. ET. No forecasts are made for this data.