Jobs report, GDP, and crude oil inventories among key data due Wednesday

Published 25/11/2025, 20:02
© Reuters

As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Wednesday, November 26, 2025. The day’s schedule features several high-impact reports including the weekly jobless claims, GDP figures, building permits, durable goods orders, new home sales, core PCE price index, and EIA crude oil inventories. These releases will provide valuable insights into the health of the U.S. economy across employment, housing, manufacturing, inflation, and energy sectors.

Major Economic Events to Watch

• 8:30 AM ET - Initial Jobless Claims: A key employment indicator showing first-time unemployment insurance filings. Previous: 220K.

• 8:30 AM ET - GDP: The broadest measure of economic activity and primary indicator of the economy’s health. Previous: 3.8%.

• 8:30 AM ET - Building Permits: Measures new building permit issuance, a key housing market demand indicator. Forecast: 1.340M, Previous: 1.330M.

• 8:30 AM ET - Durable Goods Orders: Tracks new orders for manufactured goods meant to last three years or more. Forecast: 0.2%, Previous: 2.9%.

• 10:00 AM ET - New Home Sales: Measures the annualized number of new single-family homes sold. Forecast: 710K, Previous: 800K.

• 10:00 AM ET - Core PCE Price Index: The Fed’s preferred inflation gauge measuring price changes excluding food and energy. Forecast: 0.2%, Previous: 0.2%.

• 10:30 AM ET - EIA Crude Oil Inventories: Measures weekly change in commercial crude oil barrels held by U.S. firms. Previous: -3.426M.

Other Important Economic Events to Watch

• 8:30 AM ET - Continuing Jobless Claims: Measures unemployed individuals qualifying for benefits. Previous: 1,974K.

• 8:30 AM ET - Core Durable Goods Orders: Measures new orders for durable goods excluding transportation. Previous: 0.3%.

• 8:30 AM ET - Goods Trade Balance: Difference between imported and exported goods. Forecast: -90.00B, Previous: -85.50B.

• 8:30 AM ET - GDP Price Index: Measures price changes in goods and services included in GDP. Previous: 2.1%.

• 8:30 AM ET - Core PCE Prices: Year-over-year measure of core inflation. Previous: 2.60%.

• 8:30 AM ET - Retail Inventories Ex Auto: Measures retail inventory levels excluding automobiles. Forecast: 0.3%, Previous: 0.1%.

• 10:00 AM ET - Personal Spending: Measures change in consumer spending. Forecast: 0.4%, Previous: 0.6%.

• 10:00 AM ET - PCE Price Index (Monthly): Broad inflation indicator. Forecast: 0.3%, Previous: 0.3%.

• 10:00 AM ET - PCE Price Index (Annual): Year-over-year inflation measure. Previous: 2.7%.

• 10:00 AM ET - Core PCE Price Index (Annual): Year-over-year core inflation. Forecast: 2.9%, Previous: 2.9%.

• 10:30 AM ET - EIA Weekly Cushing Oil Inventories: Measures crude oil storage at the key Cushing, Oklahoma delivery point. Previous: -0.698M.

• 11:30 AM ET - Atlanta Fed GDPNow: Real-time GDP growth estimate. Forecast: 4.0%, Previous: 4.0%.

• 1:00 PM ET - 7-Year Note Auction: Treasury will auction 7-year notes. Previous yield: 3.790%.

• 2:00 PM ET - Beige Book: Federal Reserve’s report on current economic conditions across its 12 districts.

• 4:30 PM ET - Fed’s Balance Sheet: Weekly disclosure of Federal Reserve assets and liabilities. Previous: 6,555B.

• 4:30 PM ET - Reserve Balances with Federal Reserve Banks: Funds held by depository institutions at the Fed. Previous: 2.918T.

Other Economic Events to Watch

• 7:00 AM ET - MBA Mortgage Applications: Measures change in mortgage application volume. Previous: -5.2%.

• 7:00 AM ET - Mortgage Refinance Index: Gauge of mortgage refinancing activity. Previous: 1,156.8.

• 7:00 AM ET - Mortgage Market Index: Covers all mortgage applications. Previous: 316.9.

• 7:00 AM ET - MBA Purchase Index: Tracks mortgage applications for home purchases. Previous: 168.7.

• 7:00 AM ET - MBA 30-Year Mortgage Rate: Average 30-year fixed mortgage rate. Previous: 6.37%.

• 8:30 AM ET - PCE Prices: Broad inflation measure. Previous: 2.1%.

• 8:30 AM ET - Real Consumer Spending: Inflation-adjusted consumer spending. Previous: 2.5%.

• 8:30 AM ET - Corporate Profits: Measures net current-production income of corporations. Previous: 0.2%.

• 8:30 AM ET - Durables Excluding Defense: Orders excluding defense items. Forecast: 1.9%, Previous: 1.9%.

• 8:30 AM ET - Goods Orders Non Defense Ex Air: Core capital goods orders. Previous: 0.4%.

• 8:30 AM ET - Durables Excluding Transport: Durable goods orders excluding transportation. Previous: 0.3%.

• 8:30 AM ET - Jobless Claims 4-Week Avg.: Smoothed measure of initial claims. Previous: 224.25K.

• 10:00 AM ET - Personal Income: Measures change in income from all sources. Forecast: 0.4%, Previous: 0.4%.

• 10:00 AM ET - Wholesale Inventories: Change in wholesale inventory levels. Forecast: -0.2%, Previous: 0.1%.

• 10:00 AM ET - Wholesale Trade Sales: Change in sales at wholesale level. Previous: 1.4%.

• 10:30 AM ET - Natural Gas Storage: Weekly change in natural gas inventories. Previous: -14B.

• 10:30 AM ET - Gasoline Inventories: Weekly change in gasoline stocks. Previous: 2.327M.

• 10:30 AM ET - EIA Weekly Distillate Fuel Production: Weekly production of distillate fuels. Previous: -0.117M.

• 10:30 AM ET - EIA Weekly Crude Imports: Weekly crude oil import volumes. Previous: -0.614M.

• 10:30 AM ET - EIA Weekly Distillates Stocks: Weekly inventory of distillate fuels. Previous: 0.171M.

• 10:30 AM ET - EIA Weekly Heatoil Stock: Weekly heating oil inventory. Previous: -0.494M.

• 10:30 AM ET - EIA Weekly Refinery Utilization Rates: Percentage of refinery capacity in use. Previous: 0.6%.

• 10:30 AM ET - EIA Weekly Gasoline Production: Weekly gasoline production volume. Previous: -0.662M.

• 10:30 AM ET - EIA Refinery Crude Runs: Weekly crude oil processed by refineries. Previous: 0.259M.

• 11:30 AM ET - 4-Week Bill Auction: Treasury will auction 4-week bills. Previous yield: 3.890%.

• 11:30 AM ET - 8-Week Bill Auction: Treasury will auction 8-week bills. Previous yield: 3.850%.

• 11:30 AM ET - Chicago Fed National Activity: Tracks economic activity in the Chicago Fed district. Previous: -0.12.

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.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.