Economic Data Scheduled For Thursday

Data on durable goods orders for November will be released at 8:30 a.m. ET. Durable goods orders have been declining overall. However, analysts expect a rebound of 1.5% in November.
Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect jobless claims declining slightly to 205,000 for the December 18 week from 206,000 in the previous week.
Data on personal income and outlays for November will be released at 8:30 a.m. ET. Personal income is projected to increase 0.5% in November with personal consumption expenditures likely to increase another 0.6%.
Data on new home sales for November will be released at 10:00 a.m. ET. Analysts expect an annual rate of 770,000 for November versus an 745,000 rate in October.
The University of Michigan's consumer sentiment index for December is scheduled for release at 10:00 a.m. ET. Consumer sentiment improved 3 points in the preliminary reading for December. The final reading for December is seen holding at 70.4.
The Treasury is set to auction 4-and 8-week bills at 10:00 a.m. ET.
The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET.
The Baker Hughes North American rig count report for the recent week will be released at 1:00 p.m. ET.