Economic Data Forecast For The Week Of May 25

Here are my forecasts for upcoming economic data

Forecast

Prior Observation

Week of May 25

May 25

May 26

Chicago Fed National Activity Index - April

0.3

-0.2

S&P Case/Shiller Index - March

Twenty City M/M

1.4%

0.4

Twenty City M/M - SA

0.1

-0.1

Twenty City Y/Y

1.1

0.9

FHFA Housing Price Index - March

0.2%

0.0

Consumer Confidence

92.0

92.8

Dallas Fed Manufacturing Survey

0.0

-2.3

May 27

Richmond Fed Index

5

3

May 28

Durable Goods Orders - April

0.5%

0.8

New Home Sales - April

670K

682

Wholesale Inventories - April (a)

0.6%

1.4

GDP - Q1(p)

2.0%

2.0

PCE

1.6

1.6

Personal Income - April

0.6%

0.6

Personal Spending

0.6

0.9

PCE Price Index

0.5

0.7

Core PCE Price Index

0.2

0.3

Photo by Jakub Żerdzicki on Unsplash

May 29

Chicago PMI - May

49.7

49.2

International Trade in Goods - April

-$89.4B

-87.9