Economic Data Scheduled For Tuesday
- Gross Domestic Product report for the third quarter is scheduled for release at 8:30 a.m. ET. The GDP for Q3 is expected to grow 33.1% quarter-over-quarter.
- Data on corporate profits for the third quarter will be released at 8:30 a.m. ET.
- The Johnson Redbook Retail Sales Index for the latest week is scheduled for release at 8:55 a.m. ET.
- The Conference Board’s consumer confidence index for December will be released at 10:00 a.m. ET. Analysts expect consumer confidence rising to 97 in December from November’s reading of 96.1.
- Data on existing home sales for November will be released at 10:00 a.m. ET.
- The Richmond Fed's manufacturing index for December is scheduled for release at 10:00 a.m. ET. The index is projected to decline to 12 in December from previous reading of 15.
- The Treasury is set to auction 5-year Treasury Inflation-Protected Securities at 1:00 p.m. ET.
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