Economic Data Forecasts For The Week Of July 27

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Week of July 27

July 27

Durable Goods Orders - June

1.3%

-4.5

Dallas Fed Manufacturing Index

0.0

0.0

July 28

International Trade in Goods - June

-$102.0B

-105.8

Wholesale Inventories - June (a)

0.3%

0.1

S&P Case/Shiller Index - May

Twenty City M/M

0.7%

1.0

Twenty City M/M - SA

0.0

0.0

Twenty City Y/Y

1.4

1.1

FHFA Home Price Index - May

0.0%

-0.1

Consumer Confidence - July

91.2

91.2

Richmond Fed Manufacturing Index

4

4

July 29

FOMC

3.750%

3.750

July 30

GDP - Q2 (a)

2.3%

2.1

Personal Income - June

0.4%

0.7

Personal Spending

0.3

0.7

PCE Price Index

0.0

0.4

Core PCE Price Index

0.3

0.3

Real Personal Spending

0.3

July 31

Employment Cost Index - Q2

0.7%

0.9

Employment Cost Index - Y/Y

3.4

3.4

Chicago PMI - July

55.0

56.7

Michigan Consumer Sentiment Index (r)

54.4

49.5

Year Ahead Inflation

4.2%

4.2