Jobless Claims on the Docket -- Data Week Ahead

Thursday’s data slate centers on three releases. Initial jobless claims are projected at 225,000 for the week ending June 13, down from 229,000 in the prior period, with consensus based on 21 economists. The Philadelphia Fed Manufacturing Survey is expected at 9.8, up from the -0.4 reading, based on 14 responses. The Leading Economic Index for May is forecast to rise 0.1%, matching the prior month. These figures help gauge labor-market strength, manufacturing momentum, and growth pace as investors weigh inflation risks and the policy outlook.