Economic Data Forecasts For The Weeks Of January 30 and February 6

My forecasts for upcoming economic data.

Here are my forecasts for upcoming economic data.

       
 

Forecast

Prior Observation

Consensus

 

Week ofJanuary 30

       

January 30

       

Personal Income - December

0.4%

0.0

0.4

 

Personal Spending

0.5

0.2

0.5

 
         

Pending Home Sales - December

108.0

107.3

107.9

 

Dallas Fed Manufacturing Index

16.2

15.5

   
         

January 31

       

Employment Cost Index - Q4

0.6%

0.6

0.6

 

Employment Cost Index - Y/Y

2.4

2.3

   
         

S&P Case/Shiller Index - November

       

Twenty City M/M

-0.1%

0.1

   

Twenty City M/M - SA

0.7

0.6

0.7

 

Twenty City Y/Y

5.0

5.1

5.1

 
         

Chicago PMI - January

55.0

54.6

54.8

 

Consumer Confidence

114.0

113.7

113.0

 
         

February 1

       

ADP Employment Survey - January

170K

153

168

 
         

ISM (Mfg) - January

55.0

54.7

55.0

 

ISM Prices

66.2

65.5

   
         

Construction Spending - January

0.2%

0.9

0.2

 
         

Auto Sales* - January

18.0M

18.43

17.70

 

*SAAR, as published by Motor Intelligence

       
         

February 2

       

Initial Unemployment Claims

248K

259

253

 
         

Productivity - Q4 (p)

0.8%

3.1

1.2

 

Unit Labor Costs

2.6

0.7

1.8

 
         

February 3

       

Nonfarm Payrolls - January

180K

156

175

 

Private

165

144

170

 

Unemployment

4.7%

4.7

4.7

 

Average Workweek

34.4HR

34.3

34.4

 

Average Hourly Earnings

0.3%

0.4

0.3

 

*Core Private equals Private less Medical, Social Assistance, and Temp Services

   
         

ISM Services - January

57.6

57.2

57.1

 
         

Factory Orders - December

0.0%

-2.4

   

Durable Goods Orders

-0.4

-4.5

   

Nondurable Goods Orders

0.4

-0.2

   
         

Week of February 6

       

February 7

       

International Trade - December

-$46.0B

-45.2

   

Consumer Credit - December

$20.0B

24.5

   
         

February 9

       

Wholesale Inventories - December

0.4%

1.0

   
         

February 10

       

Export Prices - February

-0.1%

0.3

   

Import Prices

0.1

0.4

   

Import Prices, Ex-Petroleum

-0.1

-0.2

   
         

Michigan Consumer Sentiment - February (p)

98.5

98.5

   

Treasury Budget - January

$33.0B

-27.5

 

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