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Economic Data Scheduled For Thursday

Gross Domestic Product report for the second quarter is scheduled for release at 8:30 a.m. ET. US GDP is projected to decline 35% in the second quarter from the Q1 contraction of 5%.

Benzinga · -
  • Gross Domestic Product report for the second quarter is scheduled for release at 8:30 a.m. ET. US GDP is projected to decline 35% in the second quarter from the Q1 contraction of 5%.
  • Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect initial claims easing to 1.388 million in the July 25 week, versus 1.416 million in the prior week.
  • The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled to release at 10:30 a.m. ET.
  • The Treasury is set to auction 4-and 8-week bills at 11:30 a.m. ET.
  • Data on money supply for the latest week will be released at 4:30 p.m. ET.