Economic Data Forecast For The Week Of Oct. 26, 2026

Q3 GDP growth is projected to hit 3.2%, highlighting a dense week of economic data starting October 26. Markets will weigh steady FOMC rates against shifting manufacturing sentiment and an uptick in consumer confidence.

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Photo by Jakub Żerdzicki on Unsplash

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Week of October 26

October 26

Chicago Fed National Activity Index

-0.1

-0.04

Dallas Fed Manufacturing Index

7.0

9.8

October 27

Durable Goods Sales - September

-0.1%

-0.1

Wholesale Inventories - September (a)

0.2

0.5

S&P Case/Shiller Index - August

Twenty City M/M

-0.5%

0.0

Twenty City M/M - SA

0.3

0.3

Twenty City Y/Y

2.5

2.5

FHFA House Price Index - August

0.1%

0.3

Consumer Confidence

83.5

81.9

New Home Sales - September

610K

684

Richmond Fed Manufacturing Index

0

-2

October 28

International Trade in Goods - September (a)

-137.0B

-132.6

FOMC

3.875

3.875

October  29

GDP - Q3 (a)

3.2%

2.2

GDP Implicit Price Deflator

2.8

6.4

PCE

3.3

3.4

PCE Deflator

2.6

5.0

PCE Core Deflator

2.7

3.3

Initial Unemployment Claims

Personal Income - September

0.3%

0.2

Personal Spending

0.4

0.9

PCE Price Index

0.4

0.3

Core PCE Price Index

0.4

0.2

Real Personal Spending

0.0

0.6

October 30

Employment Cost Index - Q3

0.7%

0.9

Employment Cost Index - Y/Y

3.3

3.4

Chicago PMI

50.0

58.8

Disclaimer:

Econ o

@PMorici1.

 

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