
Here are my forecasts for upcoming economic data.
Forecast | Prior Observation | ||
Week of May 18 | |||
May 18 | |||
NAHB Index - May | 35 | 34 | |
May 19 | |||
Housing Starts - April | 1.400M | 1.502 | |
Building Permits | 1.450 | 1.372 | |
Pending Home Sale Index - April | 74.1 | 73.7 | |
May 20 | |||
May 21 | |||
Initial Unemployment Claims | 210K | 210 | |
Philadelphia Fed Survey - May | 18.0 | 26.7 | |
Kansas City Fed Manufacturing Index - May | 10 | 10 | |
PMI Manufacturing Flash Index - May | 53.8 | 54.5 | |
PMI Services Flash | 51.5 | 51.0 | |
May 22 | |||
Michigan Consumer Sentiment Index - May (r) | 48.2 | 48.2(p) | |
Year Ahead Inflation | 4.7% | 4.5 | |
Leading Indicators - April | -0.3% | -0.6 |




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