by Calculated Risk on 3/18/2020 08:31:00 PM

Weekly Claims will be huge this week (reported next week), but we will probably also see an increase in the claims reported for last week. The Philly Fed survey for March will probably be much weaker than the forecast.

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 218 thousand initial claims, up from 211 thousand the previous week.

• Also at 8:30 AM, the Philly Fed manufacturing survey for March. The consensus is for a reading of 10.0, down from 36.7.