Economic Data Forecasts For The Weeks Of May 19 And 26

Here are my forecasts for upcoming economic data.
	Forecast	Prior
		Observation
Week of May 19
May 19
Leading Indicators	-0.8%	-0.7

PMI Manufacturing Flash Index - May	49.8	50.2
PMI Services Flash	50.6	50.8

Existing Home Sales - April	4.036M	4.020
Chicago Fed National Activity Index - April	-0.3	-0.3

May 23

New Home Sales - April	724K	724

Week of May 26
May 27
Durable Goods Sales - April	-7.5%	9.2

S&P Case/Shiller Index - March
Ten City M/M
Ten City Y/Y
Twenty City M/M	1.6%	0.7
Twenty City M/M - SA	0.2	0.4
Twenty City Y/Y	4.5	4.5
Third Quarter Twenty City Q/Q - SA

FHFA Housing Price Index - March	0.1%	0.1
Consumer Confidence	88.0	86.0
Dallas Fed Manufacturing Survey	-26.1	-35.8

May 28
Richmond Fed Index	-9.0	-13.0

May 29
GDP - Q1(p)	-0.3	-0.3
Pending Home Sale Index - April	75.0	76.5

May 30
International Trade in Goods - April	-$143.0B	162.0
Wholesale Inventories - April (a)	0.4%	0.4

Personal Income - April	0.3%	0.5
Personal Spending	0.2	0.7

Chicago PMI - May	43.0	44.6

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