Economic Data Forecasts For The Weeks Of March 30 And April 6

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of March 30

March 30

Pending Home Sale Index - February

107.8

108.8

107.7

Dallas Fed Manufacturing Index

-7.0

1.2

March 31

S&P Case/Shiller Index - January

Twenty City M/M

0.1%

0.0

0.4

Twenty City M/M - SA

0.4

0.4

3.2

Twenty City Y/Y

3.1

2.9

Chicago PMI - March

40.0

49.0

Consumer Confidence Index - March

115.0

130.7

112.0

April 1

ADP Employment Report - March

-350K

183

-154

PMI Manufacturing Index - March

48.7

49.2

45.0

ISM (Mfg) - March

43.5

50.1

44.0

Construction Spending - February

0.5%

1.8

0.6

Auto Sales* - March

15.2K

16.8

Car Sales

3.6

4.3

Truck Sales

11.6

12.6

April 2

Initial Unemployment Claims

3.3M

3.283M

3.0M

International Trade - February

-$40.1B

-45.3

-40.0

Factory Orders - February

0.3%

1.2

Durable Goods Orders

1.2

-0.2

Nondurable Goods Orders

-0.8

-0.8

April 3

Nonfarm Payrolls - March

-350K

273

-100

Private

-350

228

Manufacturing

-20

15.0

-20

Unemployment

3.9%

3.5

3.9

Average Workweek

32.0HR

34.4

34.1

Average Hourly Earnings

0.2%

0.3

0.2

PMI Services Index - March

39.1

39.1

ISM Services - March

46.0

57.3

44.0

Week of April 7

April 7

Consumer Credit - February

$15.0

12.0

April 9

Wholesale Inventories - February

-0.5%

-0.5

Producer Price Index - March

-0.2%

-0.6

-0.3

PPI less food, energy and trade services

0.2

-0.1

April 10

Consumer Price Index - March

0.0%

0.1

-0.1

Core CPI

0.2

0.2

0.1

Treasury Budget - March

-$150.0

-235.3