Economic Data Forecast For The Weeks Of Oct. 27 And Nov. 3
| Here are my forecasts for upcoming economic data | |||
| Forecast | Prior Observation | ||
| Week of October 27 | |||
| October 28 | |||
| Twenty City M/M | -0.1% | -0.3 | |
| Twenty City M/M - SA | 0.0 | -0.1 | |
| Twenty City Y/Y | 1.3% | 1.8 | |
| FHFA House Price Index - August | 0.0% | -0.1 | |
| Consumer Confidence | 94.2 | 94.2 | |
| Richmond Fed Manufacturing Index | -10 | -17 | |
| October 29 | |||
| International Trade in Goods - September (a) | -$90.0B | -85.5 | |
| Pending Home Sale Index - September | 75.1 | 74.7 | |
| FOMC | 3.88% | 4.125 | |
| October 30 | |||
| GDP - Q3 (a) | 3.0% | 3.8 | |
| October 31 | |||
| Employment Cost Index - Q3 | 0.9% | 0.9 | |
| Employment Cost Index - Y/Y | 3.7 | 3.6 | |
| Personal Income - September | 0.4% | 0.4 | |
| Personal Spending | 0.4 | 0.6 | |
| Chicago PMI | 41.5 | 40.5 | |
| Kansas City Fed Manufacturing Index | |||
| Week of November 3 | |||
| Novenber 3 | |||
| PMI Manufacturing Index - October | |||
| ISM (Mfg) - October | 50.1 | 49.1 | |
| Construction Spending - September | |||
| Auto Sales* - October | 16,3M | 16.4 | |
| Car Sales | 2.8 | 2.7 | |
| Truck Sales | 13.5 | 13.7 | |
| November 4 | |||
| JOLTS - September | 7.300M | 7.227 | |
| November 5 | |||
| ADP Employment Report - October | 24K | -32 | |
| PMI Services Index | |||
| ISM Services - October | 50.3 | 50.0 | |
| Novenber 6 | |||
| Productivity - Q3 (p) | 4.0% | 3.7 | |
| Unit Labor Costs | 0.8 | 1.0 | |
| November 7 | |||
| Consumer Credit - September | $11.0B | 0.4 | |
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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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