Economic Data Forecasts For The Weeks Of March 18 & 25

Here are my forecasts for upcoming economic releases.

	Forecast	Prior
		Observation
Week of March 18
March 18
NAHB Index	48	48

March 19
Housing Starts - February	1.447M	1.331
Building Permits	1.500	1.470

March 20
FMOC	5.375%	5.375

March 21
Initial Unemployment Claims
Philadelphia Fed Survey	0.0	5.2
Current Account - Q4	-$209.0B	-200.3

PMI Manufacturing Flash Index	52.2	52.2
PMI Services Flash Index	52.3	52.3

Leading Indicators - February	-0.3%	-0.4
Existing Home Sales - February	3.950M	4.00

Week of March 25
March 25
Chicago Fed National Activity Index - February	-0.30	-0.30
New Home Sales - February	671K	661
Dallas Fed Manufacturing Index	-7.0	-11.3

March 26
Durable Goods Orders - February	3.0%	-6.2

S&P Case/Shiller Index - January
Twenty City M/M	0.1%	-0.3
Twenty City M/M - SA	0.2	0.2
Twenty City Y/Y	6.8%	6.1

FHFA Housing Price Index - January	0.3%	0.1
Consumer Confidence Index - March	106.7	106.7
Richmond Fed Manufacturing Index	-5.0	-5.0

March 28
GDP - Q4 (f)	3.1%	3.2

Chicago PMI - March	46.0	44.0
Pending Home Sale Index - February	75.3	74.3

March 29
International Trade in Goods - February	-$89.7B	-90.2
Wholesale Inventories (a) - February	0.2%	-0.3

Personal Income - February	0.4%	1.0
Personal Spending - February	0.4	0.2

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