Economic Data Forecasts For Jan. 19 Thru Feb. 3
| Here are my forecasts for upcoming economic data. | |||
| Forecast | Prior | ||
| Observation | |||
| Week of January 19 | |||
| January 20 | |||
| NAHB Index - January | 40 | 39 | |
| January 21 | |||
| Housing Starts - December | 1.320M | 1.246 | |
| Building Permits | 1.390 | 1.412 | |
| Construction Spending - September | 0.1% | 0.2 | |
| Construction Spending - October | 0.2 | ||
| Pending Home Sales - December | 81.6 | 79.2 | |
| January 22 | |||
| GDP - Q3 (f) | 4.3% | 4.3 | |
| GDP Implicit Price Deflator | 3.8 | 3.7 | |
| PCE | 3.5 | 3.5 | |
| PCE Deflator | 2.8 | 2.8 | |
| PCE Core Deflator | 2.9 | 2.9 | |
| January 23 | |||
| PMI Manufacturing Flash Index - January | 48.1 | 47.9 | |
| PMI Services Flash Index - January | 52.8 | 52.5 | |
| Michigan Consumer Sentiment - January (f) | 54.0 | 54.0 | |
| Week of January 26 | |||
| January 26 | |||
| Durable Goods Orders -November | 0.5% | -2.2 | |
| Chicago Fed Natonal Activity Index - December | 0.0 | -0.21 | |
| Dallas Fed Index - January | -9.0 | -10.9 | |
| January 27 | |||
| S&P Case/Shiller Index - November | |||
| Twenty City M/M | -0.2% | -0.3 | |
| Twenty City M/M - SA | 0.3 | 0.4 | |
| Twenty City Y/Y | 1.2 | 1.3 | |
| New Home Sales - November | 740K | 737 | |
| New Home Sales - December | 745 | ||
| FHFA Housing Market Index - November | 0.3% | 0.4 | |
| Consumer Confidence Index | 90.1 | 89.1 | |
| Richmond Fed Index | -4 | -7 | |
| January 28 | |||
| Durable Goods Orders - December | 0.5% | ||
| International Trade in Goods (a) - December | 0.2% | ||
| Wholesale Inventories - November | |||
| FOMC | 3.625% | 3.625 | |
| January 29 | |||
| International Trade - November | -$55.0B | -29.4 | |
| Wholesale Inventories - November | 0.2% | 0.2 | |
| GDP - Q4 (a) - delayed | 2.0% | 4.3 | |
| GDP Implicit Price Deflator | |||
| Productivity - Q(3) - revised | 4.9% | 4.9 | |
| Unit Labor Cost | -1.9 | -1.9 | |
| Factory Orders - November | 0.4% | -1.3 | |
| Durable Goods Orders | 0.5 | -2.2 | |
| Nondurable Goods Orders | 0.3 | ||
| January 30 | |||
| Producer Price Index - December | 0.0% | ||
| PPI less food, energy and trade services | 0.3 | ||
| Chicago PMI - January | 40.0 | 43.5 | |
| Leading Indicators - October | -0.2% | -0.3 | |
| Leading Indicators - November | -0.2 | ||
| Week of February 2 | |||
| February 3 | |||
| Auto Sales* - January | 15.8 | 16.0 | |
| Car Sales | 2.8 | 2.8 | |
| Truck Sales | 13.0 | 13.2 | |
More By This Author:
Economic Data Forecasts For The Weeks Of Jan. 12 And 19
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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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