Forecasts For The Weeks Of June 20 And 27

Here are my forecasts for upcoming economic data.

Week of June 20

       

June 22

       

FHFA Home Price Index - April

0.7%

0.7

0.6

 

Existing Home Sales - May

5.600M

5.450

5.570

 
         

June 23

       

Initial Unemployment Claims

270K

277

270

 

Chicago Fed National Activity Index - May

0.20

0.10

   

PMI Manufacturing Flash Index

50.5

50.5

51.0

 

New Home Sales - May

560K

619

565

 

Leading Indicators

0.2%

0.6

0.2

 
         

June 24

       

Durable Goods Sales - May

-0.8%

3.4

-0.7

 

Michigan Consumer Sentiment Index - June (r)

94.1

94.3

94.0

 
         

Week of June 27

       

June 27

       

International Trade in Goods - May

-$59.9B

-58.8

   

PMI Services Flash Index

51.8

51.3

   

Dallas Fed General Business Activity

-12.0

-20.8

   
         

June 28

       

GDP - Q1 (f)

1.0%

0.8

1.0

 
         

S&P Case/Shiller Index - April

       

Twenty City M/M

0.4%

0.9

   

Twenty City M/M - SA

0.9

0.9

   

Twenty City Y/Y

5.3

5.4

5.5

 
         

Consumer Confidence

93.1

92.6

93.1

 

Richmond Fed Manufacturing Index

1.0

-1.0

   
         

June 29

       

Personal Income - May

0.3%

0.4

0.3

 

Personal Spending

0.3

1.0

0.3

 
         

Pending Home Sale Index - May

113.5

116.3

   
         

June 30

       

Initial Jobless Claims

       

Chicago PMI - June

50.5

49.3

50.5

 

Kansas City Fed Manufacturing Index

-3

-5

   
         

July 1

       

Auto Sales* - June

17.54M

17.44

17.47

 

Car Sales

7.22

7.12

   

Truck Sales

10.33

10.33

   

*SAAR, as published by Motor Intelligence

       
         

PMI Manufacturing Index - June

       
         

ISM (Mfg) - June

51.3

51.3

51.4

 

ISM Prices

63.5

63.5

   
         

Construction Spending - May

0.6%

-1.8

0.6

 
     

Comments