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.

Check out the full economic calendar here

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