GDP, jobless claims, and durable goods orders highlight Thursday’s data
As traders approach another pivotal day for financial markets, Thursday, June 26, 2025, brings a series of crucial economic data releases that could sway market dynamics. The U.S. economy will be in focus with the release of GDP figures, initial jobless claims, durable goods orders, and pending home sales data, all of which have the potential to influence investor sentiment and market direction.
Major Economic Events to Watch
• 8:30 AM ET: GDP (Q2) - Forecast: -0.2%, Previous: 2.4%. Measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy.
• 8:30 AM ET: Durable Goods Orders (May) - Forecast: 8.6%, Previous: -6.3%. Measures the change in the total value of new orders for long-lasting manufactured goods.
• 8:30 AM ET: Initial Jobless Claims - Forecast: 244K, Previous: 245K. Measures the number of individuals who filed for unemployment insurance for the first time during the past week.
• 10:00 AM ET: Pending Home Sales (May) - Forecast: 0.2%, Previous: -6.3%. Measures the change in the number of homes under contract to be sold but still awaiting the closing transaction.
Other Important Economic Events to Watch
• 8:30 AM ET: Core PCE Prices (Q2) - Forecast: 3.40%, Previous: 2.60%. Measures changes in the price of goods and services purchased by consumers, excluding food and energy.
• 8:30 AM ET: GDP Price Index (Q2) - Forecast: 3.7%, Previous: 2.3%. Measures the annualized change in the price of all goods and services included in gross domestic product.
• 8:30 AM ET: Core Durable Goods Orders (May) - Forecast: 0.1%, Previous: 0.2%. Measures the change in the total value of new orders for long-lasting manufactured goods, excluding transportation items.
• 8:30 AM ET: Retail Inventories Ex Auto (May) - Previous: 0.3%.
• 8:30 AM ET: Goods Trade Balance (May) - Forecast: -$86.30B, Previous: -$86.97B. Measures the difference in value between imported and exported goods.
• 8:30 AM ET: Continuing Jobless Claims - Forecast: 1,950K, Previous: 1,945K. Measures the number of unemployed individuals who qualify for unemployment insurance benefits.
• 12:00 PM ET: 7-Year Note Auction - Previous: 4.194%. Displays the yield on the Treasury Note auctioned.
• 1:15 PM ET: Fed Vice Chair for Supervision Barr Speaks
• 4:30 PM ET: Reserve balances with Federal Reserve Banks - Previous: 3.323T. Shows the amount of money that depository institutions maintain in their accounts at regional Federal Reserve Banks.
• 4:30 PM ET: Fed’s Balance Sheet - Previous: 6,681B. Discloses the assets and liabilities of the Federal Reserve System.
• 7:00 PM ET: FOMC Member Kashkari Speaks. Federal Reserve Bank of Minneapolis President’s public engagements may offer clues about future monetary policy.
Other Economic Events to Watch
• 8:00 AM ET: FOMC Member Barkin Speaks. Richmond Fed President’s public engagements may offer insights into future monetary policy.
• 8:30 AM ET: Real Consumer Spending (Q2) - Forecast: 1.2%, Previous: 4.0%. Measures the inflation-adjusted amount of money spent by households in the US economy.
• 8:30 AM ET: GDP Sales (Q2) - Forecast: -2.9%, Previous: 3.3%.
• 8:30 AM ET: PCE Prices (Q2) - Forecast: 3.6%, Previous: 2.4%. Measures changes in the price of goods and services purchased by consumers.
• 8:30 AM ET: Goods Orders Non Defense Ex Air (May) - Previous: -1.5%. Measures manufacturers’ new orders for nondefense capital goods excluding aircraft.
• 8:30 AM ET: Durables Excluding Defense (May) - Previous: -7.5%. Measures new orders for durable goods, excluding defense-related items.
• 8:30 AM ET: Chicago Fed National Activity (May) - Previous: -0.25. Tracks economic activity in the 7th Federal Reserve district.
• 8:30 AM ET: Corporate Profits (Q2) - Forecast: -3.6%, Previous: -0.4%. Measures the net current-production income of organizations treated as corporations in the National Income and Product Accounts.
• 8:30 AM ET: Jobless Claims 4-Week Avg. - Previous: 245.50K. Provides a smoothed measure of initial jobless claims.
• 8:30 AM ET: Wholesale Inventories (May) - Forecast: 0.2%, Previous: 0.2%. Measures the change in the total value of goods held in inventory by wholesalers.
• 8:30 AM ET: Durables Excluding Transport (May) - Previous: 0.2%.
• 8:45 AM ET: FOMC Member Barkin Speaks
• 10:00 AM ET: Pending Home Sales Index (May) - Previous: 71.3. Measures the change in the number of homes under contract to be sold.
• 10:30 AM ET: Natural Gas Storage - Forecast: 88B, Previous: 95B. Measures the change in the number of cubic feet of natural gas held in underground storage.
• 11:00 AM ET: KC Fed Composite Index (Jun) - Previous: -3. Provides information on current manufacturing activity in the Tenth Federal Reserve District.
• 11:00 AM ET: KC Fed Manufacturing Index (Jun) - Previous: -10. Measures manufacturing activity in the Tenth Federal Reserve District.
• 11:30 AM ET: 4-Week Bill Auction - Previous: 4.060%. Displays the rate on the Treasury Bill auctioned.
• 11:30 AM ET: 8-Week Bill Auction - Previous: 4.470%. Shows the rate on the Treasury Bill auctioned.
For further information and the latest updates, please refer to our Economic Calendar, here.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
