Economic Data Forecasts For The Weeks Of April 22 & 29
| Here are my forecasts for upcoming economic data. | |||
| Forecast | Prior Observation | ||
| Week of April 22 | |||
| April 22 | |||
| Chicago Fed National Activity Index - March | 0.05 | 0.05 | |
| April 23 | |||
| PMI Manufacturing Flash Index | 50.0 | 51.9 | |
| PMI Services Flash Index | 52.0 | 51.7 | |
| New Home Sales - March | 670K | 662 | |
| Richmond Fed Manufacturing Survey | -8 | -11 | |
| April 24 | |||
| Durable Goods Orders - March | 3.0% | 1.4 | |
| April 25 | |||
| GDP - Q1 (a) | 2.2% | 3.4 | |
| International Trade - March (a) | -$91.1B | -91.8 | |
| Wholesale Inventories - March (a) | 0.5% | 0.5 | |
| Pending Home Sale Index - March | 76.6 | 75.6 | |
| April 26 | |||
| Personal Income - March | 0.5% | 0.3 | |
| Personal Spending | 0.4 | 0.8 | |
| Michigan Consumer Sentiment Index - April (r) | 77.9 | 77.9 | |
| Week of April 29 | |||
| April 29 | |||
| Dallas Fed Manufacturing Survey | -11.3 | -14.4 | |
| April 30 | |||
| Employment Cost Index - Q1 | 0.9% | 0.9 | |
| Employment Cost Index - Y/Y | 3.9 | 4.2 | |
| S&P Case/Shiller Index - February | |||
| Twenty City M/M | 0.3% | -0.1 | |
| Twenty City M/M - SA | 0.0 | 0.1 | |
| Twenty City Y/Y | 6.7 | 6.6 | |
| FHFA Housing Price Index - February | 0.1% | -0.1 | |
| Chicago PMI - April | 47 | 41.4 | |
| Consumer Confidence | 104.7 | 104.7 | |
| May 1 | |||
| ADP Employment Report - April | 210K | 184 | |
| ISM (Mfg) - April | 50.0 | 50.3 | |
| Construction Spending - March | 0.7% | -0.3 | |
| JOLTS -March | 8.700M | 8.756 | |
| Auto Sales* - April | 15.7K | 15.5 | |
| Car Sales | 3.0 | 3.1 | |
| Truck Sales | 12.7 | 12.5 | |
| FOMC | 5.375% | 5.375 | |
| May 2 | |||
| Productivity - Q1 (p) | 1.8% | 3.2 | |
| Unit Labor Costs | 2.0 | 0.4 | |
| International Trade in Goods - March | -$66.8B | -68.9 | |
| Factory Orders - March | 2.3% | 1.4 | |
| Durable Goods Orders | 3.0 | 1.3 | |
| Nondurable Goods Orders | 0.6 | 1.4 | |
| May 3 | |||
| Nonfarm Payrolls - April | 250K | 303 | |
| Private | 210 | 232 | |
| Manufacturing | 12 | 0 | |
| Unemployment | 3.80% | 3.8 | |
| Average Workweek | 34.4HR | 34.4 | |
| Average Hourly Earnings | 0.4% | 0.3 | |
| ISM Services - April | 52.0 | 51.4 | |
More By This Author:
Economic Data Forecasts For The Weeks Of April 15 & 22
Economic Data Forecasts For The Weeks Of April 8 And April 15
Economic Data Forecasts For The Weeks Of April 1 & 8
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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