Economic Data Forecasts For The Weeks Of June 23 And 30

Here are my forecasts for upcoming economic data.

		Prior
	Forecast	Observation
Week of June 23
June 23
Existing Home Sales - May	3.890M	4.000

June 24
Current Account - Q1	-$460.0B	-303.9

S&P Case/Shiller Index - April
Twenty City M/M	1.3%	1.1
Twenty City M/M - SA	0.2	-0.1
Twenty City Y/Y	4.0	4.0
Third Quarter Twenty City Q/Q - SA

FHFA Home Price Index - April	0.2%	-0.1
Consumer Confidence	98	98.0
Richmond Fed Manufacturing Index	-5	-9.0

June 25
New Home Sales - May	700M	743

June 26
Chicago Fed National Activity Index - May	-0.25	-0.25
Durable Goods Orders - May	3.0	-6.3

International Trade in Goods - May	-$92.0	-87.6

GDP - Q1 (f)	-0.2%	-0.2
Initial Unemployment Claims	245K	245
Pending Home Sales Index - May	73.7	76.5

June 27
Personal Income - May	0.8%	0.8
Personal Spending	0.4	0.2

Michigan Consumer Sentiment Index - June (r)	60	60

Week of June 30
Chicago PMI - June	42.0	40.5

July 1
ISM (Mfg) - June	49.1	48.5

Construction Spending - May	0.2%	-0.4
JOLTS - May	7.200M	7.391

Auto Sales - June	15.6M	15.6
Car Sales	2.6	2.6
Truck Sales	13.1	13.1

July 2
ADP Employment Report - June	120K	37

July 3
Nonfarm Payrolls - June	130K	139
Private	120	140
Manufacturing	-4	-8
Unemployment	4.2%	4.2
Average Workweek	34.3HR	34.3
Average Hourly Earnings	0.3%	0.4

International Trade - May	-$68.0B	-61.6
Initial Unemployment Claims
PMI Services Index

Factory Orders - May	2.7%	-3.7
Durable Goods Orders	5.5	-6.3
Nondurable Goods Orders	0.0	-0.9

ISM Services - June	51.3	49.9

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