by Calculated Risk on 12/20/2025 07:37:00 AM
Happy Holidays and Merry Christmas!
The key economic report this week is Q3 GDP.
—– Monday, December 22nd —–
8:30 AM: Chicago Fed National Activity Index for November. This is a composite index of other data.
—– Tuesday, December 23rd —–
8:30 AM: Durable Goods Orders for November. The consensus is for a 0.4% increase.
8:30 AM: Gross Domestic Product, 3rd Quarter 2025 (Initial Estimate) and Corporate Profits (Preliminary). The consensus is that real GDP increased 3.2% annualized in Q3, down from 3.8% in Q2.
9:15 AM: The Fed will release Industrial Production and Capacity Utilization for October.This graph shows industrial production since 1967.
The consensus is for a 0.1% increase in Industrial Production, and for Capacity Utilization to be unchanged at 75.9%.
10:00 AM: Richmond Fed Survey of Manufacturing Activity for December.
—– Wednesday, December 24th —–
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 225,000 initial claims, up from 224,000 last week.
The NYSE and the NASDAQ will close early at 1:00 PM ET.
—– Thursday, December 25th —–
All US markets will be closed in observance of the Christmas Holiday.
—– Friday, December 26th —–
No major economic releases scheduled.
