Economic Events on April 28, 2011

At 8:30 AM EDT, the advance GDP report for the first quarter of 2011 will be announced.  The consensus is an increase of 2.0% in real GDP and an increase of 2.2% in the GDP price index.  The real GDP estimate is 1.1% lower than the final value for the fourth quarter of 2010, and the GDP price index is 1.8% higher.

Also at 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report.  The consensus is that there were 390,000 new jobless claims last week, which would would be 13,000 less than the number released last week.

At 10:00 AM EDT, the value of the pending home sales index for March will be announced.

At 10:30 AM EDT, the weekly Energy Information Administration Natural Gas Report will be released, giving an update on natural gas inventories in the United States.

At 4:30 PM EDT, the Federal Reserve will release its Money Supply report, showing the amount of liquidity available in the U.S. economy.

Also at 4:30 PM EDT, the Federal Reserve will release its Balance Sheet report, showing the amount of liquidity the Fed has injected into the economy by adding or removing reserves.

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>