Economic Data Forecasts For The Weeks Of October 3 And 10

Here are my forecasts for upcoming economic data.

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Forecast

Prior Observation

Consensus

Week of October 3

October 3

Auto Sales* - September

17.2M

#REF!

17.4

Car Sales

6.9

0.0

Truck Sales

10.3

0.0

*SAAR, as published by Motor Intelligence

ISM (Mfg) - Sept

50.2

49.4

50.2

ISM Prices

Construction Spending - August

0.3%

0.0

0.3

October 5

ADP Employment Report - September

170K

177

170

International Trade - August

-$39.2B

-39.5

-39.0

ISM Services - September

53.0

51.4

52.9

ISM Prices

ISM Business Activity

Factory Orders - August

0.0%

1.9

-0.2

October 7

Nonfarm Payrolls - September

175K

151

168

Private

170

126

170

Unemployment

4.9%

4.9

4.8

Average Workweek

34.4Hr

34.3

34.4

Average Hourly Earnings

0.2%

0.1

0.3

Wholesale Inventories - August

0.0%

-0.1

-0.1

Consumer Credit - August

$16.7B

17.7

16.6

Week of October 10

October 11

NFIB Small Business Optimisim Index - September

94.4

94.4

October 12

JOLTS - August

5.825M

5.871

October 13

Export Prices -  September

-0.1%

-0.8

Import Prices

0.0

-0.2

October 14

Retail Sales - September

0.5%

-0.3

Retail Sales, ex Autos

0.4

-0.1

Producer Price Index - September

0.3%

0.0

PPI Core

0.2

0.3

Business Inventories - August

0.2%

0.0

Michigan Consumer Sentiment - October (p)

91.5

91.2