Preliminary Economic Forecast Sheet - Wednesday, Oct. 28

Here are my forecasts for upcoming economic data.

	Forecast	Prior Observation
Week of November 2
November 2
PMI Manufacturing Index - October	53.3	53.3
ISM (Mfg) - October	55.5	55.4

Construction Spending - September	1.0%	1.4

November 3
Factory Orders - September	1.0%	0.7
Durable Goods Orders	1.5	0.5
Nondurable Goods Orders	0.5	0.8

Auto Sales* - September	16.5%	16.3
Car Sales	3.8	3.8
Truck Sales	12.7	12.6

November 4
International Trade - September	-$74.3B	-67.1
PMI Services Index	56.0	56.0
ISM Services - October	57.8	57.8

Novenber 5
Productivity - Q3 (p)	3.3%	10.1
Unit Labor Costs	-9.8	9.0

November 6
Nonfarm Payrolls - October	800K	661
Private	875	887
Manufacturing	55	66
Unemployment	7.7%	7.9
Average Workweek	34.7HR	34.7
Average Hourly Earnings	0.2%	0.1

Wholesale Inventories - September	-0.1%	-0.1
Consumer Credit - September	14.0M	7.2

Week of November 10
November 12
Consumer Price Index - October	0.2%	0.2
Core CPI	0.2	0.2

Treasury Budget - October	-$290.0B	-124.6

November 13
Producer Price Index - October	0.2%	0.4
PPI less food, energy and trade services	0.4	0.4