Economic Data Forecast For The Week Of July 28

Here are my forecasts for upcoming economic data.

		Prior
	Forecast	Observation

Week of July 28
July 28
Dallas Fed Manufacturing Index	-10.0	-12.7

July 29
International Trade in Goods - June	-$98.0B	-96.6
Wholesale Inventories - June (a)	-0.1	-0.3

S&P Case/Shiller Index - May
Twenty City M/M	0.5%	0.7
Twenty City M/M - SA	-0.2	-0.3
Twenty City Y/Y	2.9	3.4

Consumer Confidence - July	93.0	93.0
JOLTS - June	7.500m	7.769

July 30
ADP Employment Report - July	82K	-33

GDP - Q2 (a)	2.3%	-0.5%

Pending Home Sale Index - June	73.9	72.6
FOMC	4.38%	4.375

July 31
Employment Cost Index - Q2	0.8%	0.9
Employment Cost Index - Y/Y	3.5	3.6

Personal Income - June	0.2%	-0.4
Personal Spending	0.2	-0.1

Initial Unemployment Claims	222K	217
Chicago PMI - July	40.5	40.4

August 1
Nonfarm Payrolls - July	102K	147
Private	82	74
Manufacturing	0	-7
Unemployment	4.2%	4.1
Average Workweek	34.2HR	34.2
Average Hourly Earnings	0.2%	0.2

PMI Manufacturing Index - July	49.5	49.5

ISM (Mfg) - July	50.0	49.0

Construction Spending - June	0.1	-0.3
Michigan Consumer Sentiment Index (r)	62.3	61.8

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