Thursday, December 19, 2024

Thursday: Unemployment Claims, GDP, Existing Home Sales

Mortgage Rates Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 232 thousand initial claims, down from 242 thousand last week.

• Also at 8:30 AM, Gross Domestic Product, 3rd quarter 2024 (Third estimate). The consensus is for real GDP at 2.8% annualized, unchanged from the second estimate of 2.8%.

• Also at 8:30 AM, the Philly Fed manufacturing survey for December. The consensus is for a reading of 2.2, up from -6.0.

• At 10:00 AM, Existing Home Sales for November from the National Association of Realtors (NAR). The consensus is for 3.97 million SAAR, up from 3.96 million.

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

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