Thursday: GDP, New Home Sales, Unemployment Claims

On Thursday, from 12:00 – 1:00 (PST), UCI Professor Chris Schwarz returns for the third year to the Irvine Chamber Business Outlook event.

Chris’ presentations are great. This is free. Register here

• At 8:30 AM ET, Gross Domestic Product, 4th quarter 2020 (Advance estimate). The consensus is that real GDP increased 4.3% annualized in Q4.

• At 8:30 AM, The initial weekly unemployment claims report will be released.  The consensus is for an decrease to 880 thousand from 900 thousand last week.

• At 10:00 AM, New Home Sales for December from the Census Bureau. The consensus is for 860 thousand SAAR, up from 841 thousand in November.

• At 11:00 AM, the Kansas City Fed manufacturing survey for January. This is the last of regional manufacturing surveys for January.