Economic Data Forecasts For The Weeks Of January 20 And 27

Here are my forecasts for upcoming economic data including such important releases as leading indicators, existing home sales and durable goods orders.

Here are my forecasts for upcoming economic data.
 
     
 

Forecast

Prior Observation

Consensus

Week of January 20

     

January 22

     

Chicago Fed National Activity Index - December

0.30

0.56

 

FHFA Housing Market Index - November

0.3%

0.2

 

Existing Home Sales - December

5.475M

5.350

5.430

       

January 23

     

Initial Unemployment Claims

215K

204

215

Leading Indicators

-0.2%

0.0

-0.2

       

January 24

     

PMI Manufacturing Flash Index - January

52.6

52.4

52.5

PMI Services Flash Index - January

53.1

52.8

52.7

       

Week of January 27

     

January 27

     

New Home Sales - December

719K

719

 

Dallas Fed Manufacturing Index

-2.0

-3.2

 
       

January 28

     

Durable Goods Orders - December

0.2%

-2.1

 
       

S&P Case/Shiller Index - November

     

Twenty City M/M

0.0%

0.1

 

Twenty City M/M - SA

0.4

0.4

 

Twenty City Y/Y

2.4

2.2

 
       

Consumer Confidence - January

126.6

126.5

 

Richmond Fed Index

-3

-5

 
       

January 29

     

Pending Home Sales - December

108.5

108.5

 

FMOC

1.63%

1.625

 
       

January 30

     

GDP - Q4 (a)

2.1%

2.1

 
       

January 31

     

Employment Cost Index - Q4

0.7%

0.7

 

Employment Cost Index - Y/Y

2.8

2.8

 
       

Personal Income - December

0.4%

0.5

 

Personal Spending

0.4

0.4

 
       

Chicago PMI - January

48.0

48.9

 

Michigan Consumer Sentiment - February (f)

99.1

99.1

 
       
 

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