Economic Data Forecasts For The Weeks Of May 20 And 27

Here are my forecasts for upcoming economic data including such important data releases as New Home Sales, Consumer Confidence and GDP for Q1.

Here are my forecasts for upcoming economic data.

     
 

Forecast

Prior Observation

Consensus

 

Week of May 20

       

May 20

       

Chicago Fed National Activity Index - April

-0.05

-0.15

-0.08

 
         

May 21

       

Existing Home Sales - April

5.380M

5.21

5.360

 
         

May 23

       

Initial Unemployment Claims

215K

212

217

 
         

New Home Sales - April

675K

692

678

 

Kansas City Fed Manufacturing Index

6

5

6

 
         

May 24

       

Durable Goods Sales - April

-2.0%

2.6

-2.0

 
         

Week of May 27

       

May 27

       

Dallas Fed Manufacturing Survey

6.0

2.0

   
         

May 28

       

S&P Case/Shiller Index - March

       

Ten City M/M

       

Ten City Y/Y

       

Twenty City M/M

0.3%

0.2

   

Twenty City M/M - SA

0.2

0.2

   

Twenty City Y/Y

2.2

3.0

   

Third Quarter Twenty City Q/Q - SA

       
         

FHFA Housing Price Index - March

0.3%

0.3

   

Consumer Confidence

129.8

129.2

   
         

May 29

       

Richmond Fed Manufacturing Survey

6

3

   
         

May 30

       

Initial Jobless Claims

218K

212

   
         

GDP - Q1 (p)

3.0%

3.2

   

GDP Implicit Price Deflator

1.2

1.3

   
         

International Trade in Goods - April

-$71.5B

-71.4

   

Wholesale Inventories (a) - April

 

-0.1

   
         

Pending Home Sale Index - April

103.9

105.8

   
         

May 31

       

Personal Income - April

0.3%

0.1

   

Personal Spending

0.3

0.9

   
         

Chicago PMI - May

53.7

52.6

   
         

Michigan Consumer Sentiment Index - May (r)

192.4

102.4

   
 


 

 
 
 

Comments