Economic Data Forecasts For The Weeks Of April 17 And 24

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Here are my forecasts for upcoming economic data.    
 
Forecast
Prior Observation
Consensus
Week of April 17
 
 
 
April 17
 
 
 
NY Fed Manufacturing Index
-15.0
-24.6
-18.0
NAHB Index - April
44
44
44
 
 
 
 
April 18
 
 
 
Housing Starts - March
1.386M
1.450
1.400
Building Permits
1.431
1.524
1.450
 
 
 
 
April 20
 
 
 
Initial Unemployment Claims
235K
239
240
Philadelphia Fed Survey
-20.0
-23.2
-19.7
Leading Indicators - March
-0.8%
-0.3
-0.8
Existing Home Sales - March
4.380M
4.580
4.50
 
 
 
 
April 21
 
 
 
PMI Manufacturing Flash Index
49.5
49.2
49.0
PMI Services Flash Index
53.2
52.6
51.5
 
 
 
 
Week of April 24
 
 
 
April 24
 
 
 
Chicago Fed National Activity Index - March
-0.25%
-0.19
 
Dallas Fed Manufacturing Survey
-12.0%
-15.7
 
 
 
 
 
April 25
 
 
 
S&P Case/Shiller Index - February
 
 
 
Twenty City M/M
0.0%
-0.6
 
Twenty City M/M - SA
-0.2
-0.4
 
Twenty City Y/Y
0.0
2.5
 
 
 
 
 
FHFA Housing Price Index - February
-0.4%
0.2
 
Consumer Confidence
104.2
104.2
 
New Home Sales - March
640K
640
 
Richmond Fed Manufacturing Survey
-8
-5
 
 

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Economic Data Forecasts For The Weeks Of April 10 And 17
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Economic Data Forecasts For The Weeks Of March 27 And April 3

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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