Rate Watch: Reports to Observe Before ThanksgivingNov 21 2011
Earlier today, we found out that Existing Home Sales rose in October. But that’s not the only report to keep your eye on this week.
Tuesday, the Gross Domestic Product (GDP) is set to be released from quarter three. It’s expected to increase 2.5% from last month’s prelim report.
Wednesday, be aware of loads of data before heading off for the long weekend. Personal Incomes and Spending will be released at 8:30am (ET) along with the weekly Initial Jobless Claims. It is predicted that jobless claims will rise to 391K, with income and spending both raising 0.3%. In addition, both the Consumer Sentiment Index and Core Personal Consumption Expenditure are released Wednesday.
All markets will be closed on Thursday and Friday is the slowest trading day of the year, so once you get through Wednesday, you should be set to be in a food coma until Sunday if necessary.
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