Economic Data Forecasts For The Weeks Of Feb. 2 And 9

Here are my forecasts for upcoming economic data
	Forecast	Prior Observation
Week of February 2
February 2
PMI Manufacturing Index - January	52.2	51.9

ISM (Mfg) - January	48.5	47.9

February 3
JOLTS - December	7.10M	7.15

February 4
Auto Sales* - January	15.8	16.0
Car Sales	2.8	2.8
Truck Sales	13.0	13.2

ADP Employment Survey - January	45K	41

PMI Services Index - January	52.5	52.5
ISM Services - January	55.2	54.4

February 6
Nonfarm Payrolls - January	55K	50
Private	42	37
Manufacturing	-5	-8
Unemployment	4.4%	4.4
Average Workweek	34.2HR	34.2
Average Hourly Earnings	0.2%	0.3

Michigan Consumer Sentiment - February (p)	58.0	56.4
Michigan Year Ahead Inflation Expectations	3.8%	4.0

Consumer Credit - December	$10.0B	4.2B


February 9
Retail Sales - December	0.5%	0.6

February 10
NFIB Small Business Optimism Index - January	100.0	99.5

Employment Cost Index - Q4	0.8%	0.8
Employment Cost Index - Y/Y	3.5	3.5

February 11
Consumer Price Index - January	0.1%	0.3
Core CPI	0.2	0.2

Treasury Budget - January	-$192.0B	-144.7

February 12
Existing Home Sales - January	4.250M	4.350

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