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Thursday: Unemployment Clains, Personal Income and Outlays, Chicago PMI

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Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 235 thousand initial claims, up from 230 thousand last week.

• At 8:30 AM, Personal Income and Outlays, July 2023. The consensus is for a 0.3% increase in personal income, and for a 0.7% increase in personal spending. And for the Core PCE price index to increase 0.2%.  PCE prices are expected to be up 3.3% YoY, and core PCE prices up 4.2% YoY.

• At 9:45 AM, Chicago Purchasing Managers Index for August.

Las Vegas July 2023: Visitor Traffic Up 1.0% YoY; Convention Traffic Down 16.8% YoY

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