Economic Data Forecasts For The Week Of July 20

Peter Morici

Professor Emeritus, Robert H. Smith School of Business, University of Maryland • Jul 18, 2026 at 6:55 PM EDT

Manufacturing activity faces a potential slowdown as Flash PMI forecasts dip to 51.5 for the week of July 20.

Photo by Jakub Żerdzicki on Unsplash

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Week of July 20

July 20

Leading Indicators

0.1%

0.1

July 23

Initial Unemployment Claims

Chicago Fed National Activity Index - June

-0.2%

-0.1

Kansas City Fed Manufacturing

July 24

PMI Manufacturing Flash Index

51.5

53.9

PMI Services Flash Index

51.1

51.2

New Home Sales - June

610K

580

Disclaimer:

Peter Morici is an economist and professor at the Smith School of Business, University of Maryland, and widely published columnist. He is the five time winner of the MarketWatch best forecaster award.

@PMorici1.

Comments

Back to all articles

More from this Author

Economic Data Forecasts For The Week Of July 13

Economic Data Forecasts For The Week Of July 6

Economic Data Forecasts For The Week Of June 29