Sunday , April 5 2020
Home / Calculated Risk / Thursday: Initial Unemployment Claims, Q4 GDP

Thursday: Initial Unemployment Claims, Q4 GDP

Summary:
With the sudden stop in the economy, initial weekly unemployment claims will set an all time record this week, and will be huge next week too.Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a huge number of initial claims, up from 281 thousand the previous week.• Also at 8:30 AM, Gross Domestic Product, 4th quarter 2019 (Third estimate). The consensus is that real GDP increased 2.1% annualized in Q4, the same as the second estimate of 2.1%.• At 11:00 AM, the Kansas City Fed manufacturing survey for March.

Topics:
Calculated Risk considers the following as important:

This could be interesting, too:

Tyler Durden writes 350 More COVID-19 Deaths Reported In NYC As US Braces For ‘Seven Days Of Hell’: Live Updates

Tyler Durden writes Outrage After COVID-19 Test-Scammers Set Up Pop-Up Tents In Louisville

Tyler Durden writes What Will The Future Bring? Here’s How To Survive The Uncertainty

Tyler Durden writes “Don’t Disrupt The Supply Chain”: The 9 States Still Resisting Stay-At-Home Orders 

With the sudden stop in the economy, initial weekly unemployment claims will set an all time record this week, and will be huge next week too.

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a huge number of initial claims, up from 281 thousand the previous week.

• Also at 8:30 AM, Gross Domestic Product, 4th quarter 2019 (Third estimate). The consensus is that real GDP increased 2.1% annualized in Q4, the same as the second estimate of 2.1%.

• At 11:00 AM, the Kansas City Fed manufacturing survey for March.

Leave a Reply

Your email address will not be published. Required fields are marked *