GDP, jobless claims, and pending home sales data due Thursday

As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Thursday, August 28, 2025. The U.S. economic calendar is packed with high-impact releases, including the Gross Domestic Product (GDP) report, Initial Jobless Claims, and Pending Home Sales data, all of which have the potential to influence market sentiment and trading decisions.

Major Economic Events to Watch

• 8:30 AM ET - GDP (Q2): Expected 3.0%, Previous -0.5%. The broadest measure of economic activity and primary indicator of the economy’s health.

• 8:30 AM ET - Initial Jobless Claims: Forecast 231K, Previous 235K. 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 (MoM): Expected -0.3%, Previous -0.8%. Measures the change in the number of homes under contract to be sold but still awaiting closing.

Other Important Economic Events to Watch

• 8:30 AM ET - Core PCE Prices: Forecast 2.50%, Previous 3.50%. Measures changes in the price of goods and services purchased by consumers, excluding food and energy.

• 8:30 AM ET - GDP Price Index: Expected 2.0%, Previous 3.8%. Measures the annualized change in the price of all goods and services included in gross domestic product.

• 8:30 AM ET - Continuing Jobless Claims: Previous 1,972K. Measures the number of unemployed individuals who qualify for unemployment insurance benefits.

• 1:00 PM ET - 7-Year Note Auction: Previous 4.092%. Represents the yield on the Treasury Note auctioned.

• 4:00 PM ET - Fed Waller Speaks. Federal Reserve Governor Christopher Waller is scheduled to speak.

• 4:30 PM ET - Fed’s Balance Sheet: Previous 6,620B. Discloses the assets and liabilities of the Federal Reserve System.

• 4:30 PM ET - Reserve balances with Federal Reserve Banks: Previous 3.298T. Shows the amount of money depository institutions maintain in their Federal Reserve accounts.

Other Economic Events to Watch

• 8:30 AM ET - Real Consumer Spending: Forecast 1.4%, Previous 0.5%. Measures the inflation-adjusted amount of money spent by households in the US economy.

• 8:30 AM ET - GDP Sales: Expected 6.3%, Previous -3.1%.

• 8:30 AM ET - PCE Prices: Forecast 2.1%, Previous 2.1%. Measures changes in the price of goods and services purchased by consumers.

• 8:30 AM ET - Corporate Profits: Previous -3.3%. Measures the net current-production income of corporations.

• 8:30 AM ET - Jobless Claims 4-Week Avg.: Previous 226.25K. Provides a smoother measure of jobless claims trends.

• 10:00 AM ET - Pending Home Sales Index: Previous 72.0. Indicates the level of homes under contract to be sold.

• 10:30 AM ET - Natural Gas Storage: Previous 13B. Measures the change in the number of cubic feet of natural gas held in underground storage.

• 11:00 AM ET - KC Fed Composite Index: Previous 1. Provides information on current manufacturing activity in the Tenth District.

• 11:00 AM ET - KC Fed Manufacturing Index: Previous -3. Indicates manufacturing activity in the Kansas City Federal Reserve district.

• 11:30 AM ET - 4-Week Bill Auction: Previous 4.300%. Represents the rate on the Treasury Bill auctioned.

• 11:30 AM ET - 8-Week Bill Auction: Previous 4.220%. 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.