Economic Data Forecasts For The Weeks Of April 29 & May 6

Here are my forecasts for upcoming economic data.

	Forecast	Prior
		Observation
Week of April 29
April 29
Dallas Fed Manufacturing Survey	-11.3	-14.4

April 30
Employment Cost Index - Q1	0.9%	0.9
Employment Cost Index - Y/Y	3.9	4.2

S&P Case/Shiller Index - February
Twenty City M/M	0.3%	-0.1
Twenty City M/M - SA	0.0	0.1
Twenty City Y/Y	6.7	6.6

FHFA Housing Price Index - February	0.1%	-0.1
Chicago PMI - April	47	41.4
Consumer Confidence	104.7	104.7

May 1
ADP Employment Report - April	210K	184
PMI Manufacturing Index - April	49.9	49.9
ISM (Mfg) - April	49.5	50.3
Construction Spending - March	0.7%	-0.3
JOLTS -March	8.700M	8.756

Auto Sales - April	15.7K	15.5
Car Sales	3.0	3.1
Truck Sales	12.7	12.5
FMOC	5.375%	5.375

May 2
Productivity - Q1 (p)	1.8%	3.2
Unit Labor Costs	2.0	0.4

International Trade in Goods - March	-$66.8B	-68.9

Factory Orders - March	1.6%	1.4
Durable Goods Orders	2.5	1.3
Nondurable Goods Orders	0.6	1.4

May 3
Nonfarm Payrolls - April	250K	303
Private	210	232
Manufacturing	12	0
Unemployment	3.80%	3.8
Average Workweek	34.4HR	34.4
Average Hourly Earnings	0.4%	0.3

PMI Services Index	50.9	50.9
ISM Services - April	52.0	51.4

Week of May 6
May 7
Consumer Credit - March	15.5	14.1

May 10
Treasury Budget - April	$270.0B	-236

More By This Author: