Economic Data Forecasts For The Weeks Of June 26 And July 3

Forecast

Prior Observation

Consensus

Week of June 26

June 26

Dallas Fed General Business Activity

-20

-29.1

June 27

Durable Goods Orders - May

-1.2%

1.1

-1.0

S&P Case/Shiller Index - April

Twenty City M/M

1.0%

1.5

Twenty City M/M - SA

0.5

0.5

0.3

Twenty City Y/Y

-2.3

-1.1

-2.3

FHFA Home Price Index - April

0.5%

0.6

Consumer Confidence

103.5

102.3

103.7

New Home Sales - May

675K

683

670

Richmond Fed Manufacturing Index

-10

-15

June 28

International Trade in Goods - May

-$94.0B

-98.8

Wholesale Inventories - May (a)

-0.1%

-0.1

June 29

GDP - Q1 (f)

1.5%

1.3

1.4

GDP Implicit Price Deflator

Initial Jobless Claims

264K

264

266

Pending Home Sales Index - May

79.2

78.9

79.1

June 30

Personal Income - May

0.4%

0.4

0.3

Personal Spending

0.2

0.8

0.2

Chicago PMI - June

43.0

40.4

44.0

Michigan Consumer Sentiment Index - June (r)

63.9

63.9

63.9

Week of July 3

July 3

PMI Manufacturing Index - June

46.3

46.3

ISM (Mfg) - June

47.4

46.9

Construction Spending - May

0.4%

1.2

Auto Sales* - June

15.4M

15.0

Car Sales

3.2

3.1

Truck Sales

12.2

11.9

July 5

Factory Orders - May

-0.6

0.4

Durable Goods Orders 

-1.2

1.1

Nondurable Goods Orders 

0.2

-0.1

July 6

ADP Employment Report - June

253

278

International Trade - May

-$69.8B

-74.6

PMI Services Index

54.1

54.1

ISM Services - June

50.5

50.3

JOLTS - May

10.000M

10.103

July 7

Nonfarm Payrolls - June

263K

339

Private

253

283

Manufacturing

5

-2

Unemployment

3.6%

3.7

Average Workweek

34.3

34.3

Average Hourly Earnings

0.4%

0.3