Unemployment Claims, Retail Sales, Philly Fed Mfg, Homebuilder Survey

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“At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a 1.200 million initial claims, down from 1.314 million the previous week. Also at 8:30 AM, Retail sales for June is scheduled to be released.  The consensus is for 5.5% increase in retail sales,” Calculated Risk reports.
“Also at 8:30 AM, the Philly Fed manufacturing survey for July. The consensus is for a reading of 20.0, down from 27.5. At 10:00 AM, The July NAHB homebuilder survey. The consensus is for a reading of 60, up from 58. Any number above 50 indicates that more builders view sales conditions as good than poor.”

 

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