Economic Data Forecasts For The Weeks Of April 28 And May 5

Here are my forecasts for upcoming economic data.
		Prior
	Forecast	Observation
Week of April 28
April 28
Dallas Fed Manufacturing Survey	-12.3	-16.3

April 29
International Trade - March (a)	-$124.3B	147.9
Wholesale Inventories - March (a)	0.6%	0.3%

S&P Case/Shiller Index - February
Twenty City M/M	0.1%	0.1
Twenty City M/M - SA	0.5	0.5
Twenty City Y/Y	4.8	4.7

FHFA Housing Price Index - February	0.3%	0.2
Consumer Confidence	85.7	92.9
JOLTS -March	7.300M	7.568

April 30
ADP Employment Report - April	105K	155
GDP - Q1 (a)	0.4%	2.4

Employment Cost Index - Q1	1.0%	0.9
Employment Cost Index - Y/Y	1.0	3.8

Chicago PMI - April	45.5	47.6

Personal Income - March	0.3%	0.8
Personal Spending	0.3	0.4

Pending Home Sale Index - March	74.0	72.0

May 1
PMI Manufacturing Index - April	50.7	50.7
ISM (Mfg) - April	48.2	49.0

Construction Spending - March	0.3%	0.7

Auto Sales - April	15.3M	17.8
Car Sales	2.8	3.1
Truck Sales	12.5	14.6

May 2
Nonfarm Payrolls - April	120K	228
Private	105	209
Manufacturing	-10	1
Unemployment	4.2%	4.2
Average Workweek	34.2HR	34.2
Average Hourly Earnings	0.3%	0.3

Factory Orders - March	0.6%	0.6
Durable Goods Orders	0.8	1.0
Nondurable Goods Orders	0.4	0.3

Week of May 5
May 5
PMI Services Index	51.4	51.4
ISM Services - April	50.8	50.8

May 6
International Trade in Goods - March	-$100.0B	122.7

May 7
FOMC	4.375%	4.375
Consumer Credit - March	$11.0B	-0.8

May 8
Productivity - Q1 (p)	-0.5%	1.5
Unit Labor Costs	5.5	2.2

Wholesale Inventories - March	0.6%	0.3

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