| Here are my forecasts for upcoming economic data. | |||
| Forecast | Prior Observation | Consensus | |
| Week of September 27 | |||
| September 27 | |||
| Durable Goods Sales - August | 0.5% | -0.1 | 0.7 |
| Dallas Fed Manufacturing Index | 11.0 | 9.0 | |
| September 28 | |||
| International Trade in Goods - August | -$85.0B | -86.4 | |
| Wholesale Inventories - August (a) | 1.0% | 0.6 | |
| S&P Case/Shiller Index - July | |||
| Twenty City M/M | 1.8% | 2.0 | 1.6 |
| Twenty City M/M - SA | 1.8 | 1.8 | |
| Twenty City Y/Y | 20.2 | 19.1 | 20.0 |
| FHFA Home Price Index - July | 1.5% | 1.6 | |
| Consumer Confidence - September | 116.0 | 113.8 | 114.5 |
| Richmond Fed Manufacturing Index | 11.0 | 9.0 | |
| September 29 | |||
| Pending Home Sale Index - Aug | 111.7 | 110.7 | 112.1 |
| September 30 | |||
| Initial Unemployment Claims | 335K | 351 | 328 |
| GDP - Q2 | 6.8% | 6.6 | 6.6 |
| Chicago PMI - September | 65.3 | 66.8 | 66.5 |
| October 1 | |||
| Personal Income - August | 0.2% | 1.1 | 0.3 |
| Personal Spending | 0.5 | 0.3 | 0.6 |
| PMI Manufacturing Index | 60.5 | 60.5 | |
| ISM (Mfg) - Sept | 59.3 | 59.9 | 59.5 |
| Construction Spending - August | 0.3% | 0.3 | 0.3 |
| Michigan Consumer Sentiment - Sept (r) | 71.0 | 71.0 | |
| Auto Sales - September | 13.2M | 13.1 | |
| Car Sales | 2.9 | 3.1 | |
| Truck Sales | 10.3 | 10.0 | |
| Week of October 4 | |||
| October 4 | |||
| Factory Orders - August | 0.5% | 0.4 | |
| Durable Goods Orders | 0.5 | -0.1 | |
| Nondurable Goods Orders | 0.5 | 0.9 | |
| October 5 | |||
| International Trade - August | -67.7 | 70.1 | |
| ISM Services - September | 61.3 | 61.7 | |
| October 6 | |||
| ADP Employment Report - September | 475K | 374 | |
| October 7 | |||
| Consumer Credit - August | $25.0B | 17.0 | |
| October 8 | |||
| Nonfarm Payrolls - September | 525K | 235 | |
| Private | 600 | 243 | |
| Manufacturing | 30 | 37 | |
| Unemployment | 5.0% | 5.2 | |
| Average Workweek | 34.7HR | 34.7 | |
| Average Hourly Earnings | 0.3% | 0.6 | |
Economic Data Forecasts For The Weeks Of September 27 And October 4
Projections for upcoming data releases, including Case/Shiller, PMI, Nonfarm Payrolls, Consumer Credit.
Peter Morici is an economist and emeritus business professor at the University of Maryland, and a national columnist.




Comments
Log in or sign up to join the conversation.