On Thursday morning, the Bureau of Economic Analysis will release the first revision of first quarter U.S. GDP, along with the April Personal Consumption Expenditure report, both at 7:30 a.m. CDT. Later, the Energy Information Administration will release the delayed Petroleum Status report at 9:30 a.m. CDT, including last week's ethanol production.
Weather
An active zone of showers and thunderstorms continues over the Southeast on Thursday. Meanwhile, a batch of showers is moving northward through the Plains, hitting some very dry areas with some good rainfall. Additional showers will develop in the Pacific Northwest and could produce some severe weather.