Economic Data Forecasts For The Weeks Of September 19 And 26

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of September 19

September 19

NAHB Index

60

60

60

September 20

Housing Starts - August

1.191M

1.211

1.190

Building Permits

1.170

1.152

1.167

September 21

0.375%

0.375

FMOC

September 18

Initial Unemployment Claims

260K

260

261

Chicago Fed National Manufacturing Index - August

0.15

0.27

0.15

FHFA Home Price Index - July

0.5%

0.2

0.4

Existing Home Sales - August

5.400M

5.390

5.440

Leading Indicators

0.1%

0.4

0.1

September 23

PMI Manufacturing - Flash

52.0

52.0

52.0

Week of September 26

September 26

New Home Sales - August

585K

654

Dallas Fed Manufacturing Index

-3.0

-6.2

September 27

S&P Case/Shiller Index - July

Ten City M/M

Ten City Y/Y

Twenty City M/M

0.7%

0.8

Twenty City M/M - SA

0.0

-0.1

Twenty City Y/Y

5.2

5.1

Third Quarter Twenty City Q/Q - SA

Consumer Confidence - September

98.8

101.1

Richmond Fed Manufacturing Index

-1.0

-11

September 28

Durable Goods Sales - August

0.0%

4.4

September 29

GDP - Q2

1.1%

1.1

GDP Implicit Price Deflator

2.3

2.3

International Trade in Goods

-$62.3B

-59.3

Pending Home Sale Index - Aug

111.3

111.3

Kansas City Fed Manufacturing Index

-2.0

-4.0

September 30

Personal Income - August

0.2%

0.4

Personal Spending

0.2

0.3

Chicago PMI - September

53.0

51.5