Economic Data Forecasts For The Weeks Of April 20 And 27

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of April 20

April 20

Chicago Fed National Activity Index - March

-0.50

0.16

April 21

Existing Home Sales - March

5.350M

5.770

5.300

April 22

FHFA Housing Price Index - February

0.5%

0.3

April 23

Initial Unemployment Claims

4.250M

5.245

4.000

New Home Sales - March

600K

765

650

April 24

Durable Goods Orders - March

-12.0%

-1.2

-11.3

Michigan Consumer Sentiment Index - April (r)

71.0

71.0

68.0

Week of April 27

April 27

Dallas Fed Manufacturing Survey

-60.0

-70.0

April 28

International Trade - March (a)

-49.6

-59.9

Wholesale Inventories - March (a)

-0.7%

-0.7

S&P Case/Shiller Index - February

Twenty City M/M

0.1%

0.0

Twenty City M/M - SA

0.4

0.3

Twenty City Y/Y

3.2

3.1

Consumer Confidence

103.0

120.0

Richmond Fed Manufacturing Survey

-30

2

April 29

GDP - Q1 (a)

-3.5%

2.1

Pending Home Sale Index - March

100.0

111.5

April 30

Employment Cost Index - Q2

0.7%

0.7

Employment Cost Index - Y/Y

2.7

2.7

Personal Income - March

-1.0%

0.6

Personal Spending - February

-7.5

0.2

Chicago PMI - April

40.0

47.8

May 1

ISM (Mfg) - April

39.1

49.1

Construction Spending - March

-3.9%

-1.3

Auto Sales* - April

5.0M

11.4

Car Sales

1.3

2.8

Truck Sales

3.7

8,5