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 | |
More By This Author:
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Economic Data Forecasts For The Weeks Of June 23 And 30
Peter Morici is an economist and professor at the Smith School of Business, University of Maryland, and widely published columnist. He is the five time winner of the MarketWatch best forecaster ...
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