Economic Data Forecasts For The Weeks Of September 26 and October 3

My forecasts for upcoming economic data.

Here are my forecasts for upcoming economic data.

       
 

Forecast

Prior Observation

Consensus

 

Week of September 26

       

September 26

       

New Home Sales - August

595K

654

598

 

Dallas Fed Manufacturing Index

-3.0

-6.2

   
         

September 27

       

S&P Case/Shiller Index - July

       

Twenty City M/M

0.7%

0.8

   

Twenty City M/M - SA

0.1

-0.1

0.1

 

Twenty City Y/Y

5.2

5.1

5.2

 
         

PMI Services Flash

51.2

51.0

51.2

 

Consumer Confidence - September

98.8

101.1

98.8

 

Richmond Fed Manufacturing Index

-1.0

-11

   
         

September 28

       

Durable Goods Sales - August

-0.5%

4.4

-1.9

 
         

September 29

       

Initial Unemployment Claims

260K

252

260

 
         

GDP - Q2

1.2%

1.1

1.3

 

GDP Implicit Price Deflator

2.3

2.3

2.3

 
         

International Trade in Goods

-$62.3B

-59.3

-62.3

 

Pending Home Sale Index - Aug

111.3

111.3

111.3

 

Kansas City Fed Manufacturing Index

-2.0

-4.0

   
         

September 30

       

Personal Income - August

0.2%

0.4

0.2

 

Personal Spending

0.1

0.3

0.2

 
         

Chicago PMI - September

52.0

51.5

52.0

 

Michigan Consumer Sentiment - Sept (r)

89.8

89.8

89.8

 
         

Week of October 3

       

October 3

       

Auto Sales* - September

17.1M

17.0

   

Car Sales

6.9

6.8

   

Truck Sales

10.2

10.2

   

*SAAR, as published by Motor Intelligence

       
         

PMI Manufacturing Index

51.4

51.4

   
         

ISM (Mfg) - Sept

50.4

49.4

   
         

Construction Spending - August

0.3%

0.0

   
         

October 5

       

ADP Employment Report - September

170K

177

   
         

ISM Services - September

53.0

51.4

   
         

Factory Orders - August

-0.2%

1.9

   

Durable Goods Orders

-0.4

4.4

   

Nondurable Goods Orders

0.0

-0.5

   
         

October 7

       

Nonfarm Payrolls - September

180K

151

   

Private

170

126

   

Manufacturing

-2

-14

   

Unemployment

4.9%

4.9

   

Average Workweek

34.4Hr

34.3

   

Average Hourly Earnings

0.2%

0.1

   
         

Wholesale Inventories - August

0.0%

0.0

   
         

Consumer Credit - August

$16.7B

17.7

 

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