Economic Data Forecast For The Week Of Sept. 29

Here are my forecasts for upcoming economic data      
  Forecast Prior Observation  
Week of September 29      
September 29      
Pending Home Sale Index - Aug 72.7 71.7  
Dallas Fed Manufacturing Index -0.3 -1.8  
       
September 30      
S&P Case/Shiller Index - July      
Twenty City M/M -0.4% -0.3  
Twenty City M/M - SA 0.0 0.0  
Twenty City Y/Y 1.7 -2.1  
       
FHFA Home Price Index - July -0.2% -0.2  
Chicago PMI - September 43.5 41.5  
Consumer Confidence - September 97.4 97.4  
JOLTS - August 7.100M 7.181  
       
October 1      
ADP Employment Report - September  35K 54  
PMI Manufacturing Index 52.0 52.0  
       
ISM (Mfg) - Sept 49.3 48.7  
       
Construction Spending - August -0.2% -0.1  
       
Auto Sales* - September 16.4M 16.1  
Car Sales 2.9 2.7  
Truck Sales 13.5 13.4  
       
October 2      
Factory Orders - August -0.2% -1.3  
Durable Goods Orders  -0.6 -2.8  
Nondurable Goods Orders  0.3 0.3  
       
October 3      
Nonfarm Payrolls - September 43K 22  
Private 38 38  
Manufacturing -5 -12  
Unemployment 4.3% 4.3  
Average Workweek 34.2HR 34.2  
Average Hourly Earnings 0.3% 0.3  
       
PMI Services Index 53.9 53.9  
ISM Services - September 52.0 52.0  

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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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