Economic Data Forecasts for the Weeks of August 30 and September 6


Here are my forecasts for upcoming economic data.
	Forecast	Prior Observation	Consensus
Week of August 30
August 30
Pending Home Sales Index - July	111.0	112.8	111.2
Dallas Fed Manufacturing Index	27.5	27.3

August 31
S&P Case/Shiller Index - June
Twenty City M/M	1.7%	2.1
Twenty City M/M - SA	1.5	1.8	1.7
Twenty City Y/Y	18.6	17.0	18.6

FHFA Home Price Index - June	1.6%	1.7
Chicago PMI	69.8	73.4	68.0
Consumer Confidence - August	124.0	129.1	124.0

September 1
PMI Manufacturing Index - August	61.2	61.2

ISM (Mfg) - August	59.8	59.5	58.5

ADP Employment Report - August	700	330	650
Construction Spending - July	0.3%	0.1	0.3

Auto Sales - August	15.0M	14.8
Car Sales	3.5	3.5
Truck Sales	11.5	11.3

September 2
Initial Unemployment Claims	350K	353.0	345
International Trade - July	-$69.1B	-75.7	-70.9

Productivity - Q2 (r)	2.4%	2.3	2.4
Unit Labor Costs	0.9	1.0	1.0

Factory Orders - July	0.2%	1.5
Durable Goods Orders	-0.1	0.9
Nondurable Goods Orders	0.5	2.1

September 3
Nonfarm Payrolls - August	800K	943	728
Private	700	703	610
Manufacturing	35	27	28
Unemployment	5.2%	5.4	5.2
Average Workweek	34.8HR	34.8	34.8
Average Hourly Earnings	0.4%	0.4	0.4

PMI Services Index - August	55.2	55.2
ISM Services - August	62.5	64.1	61.8

Week of September 6
September 8
Consumer Credit - July	$30.0	37.6

September 10
Producer Price Index - August	0.5%	1.0
Wholesale Inventories - July	0.6%	0.6