Economic Data Forecasts For The Weeks Of April 3 And 10

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Here are my forecasts for upcoming economic data.      
 
Forecast
Prior Observation
Consensus
Week of April 3
 
 
 
April 3
 
 
 
PMI Manufacturing Index - March
49.3
49.3
 
 
 
 
 
ISM (Mfg) - March
47.5
47.7
47.5
ISM Prices
 
 
 
 
 
 
 
Construction Spending - February
0.0%
-0.1
0.0
 
 
 
 
Auto Sales - March
14.9M
14.9
 
Car Sales
3.0
3.0
 
Truck Sales
11.9
11.9
 
 
 
 
 
April 4
 
 
 
Factory Orders - February
-0.4%
-1.9
-0.5
Durable Goods Orders 
-1.0
-5.0
 
Nondurable Goods Orders 
0.2
1.5
 
 
 
 
 
JOLTS - February
10.400M
10.824
10.400
 
 
 
 
April 5
 
 
 
ADP Employment Report - March
210
240
205
International Trade - February
-$72.0
-68.3
-69.0
 
 
 
 
PMI Services Index - March
53.8
53.8
 
 
 
 
 
ISM Services - March
54.6
55.1
54.5
ISM Prices
 
 
 
ISM Business Activity
 
 
 
 
 
 
 
April 6
 
 
 
Initial Unemployment Claims
198K
198
200
 
 
 
 
April 7
 
 
 
Nonfarm Payrolls - March
235K
311
238
Private
210
265
213
Manufacturing
15
0
5
Unemployment
3.6%
3.6
3.6
Average Workweek
34.5HR
34.5
34.5
Average Hourly Earnings
0.3%
0.2
0.3
 
 
 
 
Consumer Credit - February
20.0M
14.8
18.0
 
 
 
 
Week of April 10
 
 
 
April 10
 
 
 
Wholesale Inventories - February (r)
0.2%
0.2
 
 
 
 
 
April 11
 
 
 
NFIB Small Business Optimism Index - March
89.9
90.9
 
 
 
 
 
April 12
 
 
 
Consumer Price Index - March
0.4%
0.4
 
Core CPI
0.4
0.5
 
Energy
 
-0.6
 
 
 
 
 
Treasury Budget - March
-$260.0
-262.4
 
 
 
 
 
April 13
 
 
 
Producer Price Index - March
0.2%
-0.1
 
PPI less food, energy and trade services
0.3
0.2
 
 
 
 
 
April 14
 
 
 
Retail Sales - March
0.2%
-0.4
 
Retail Sales, ex Autos
0.4
-0.1
 
Retail Sales, ex-Autos, Gas
0.6
0.0
 
 
 
 
 
Export Prices - March
-0.4%
0.2
 
Import Prices
0.4
-0.1
 
Import Prices, Ex-Petroleum
0.0
-0.4
 
 
 
 
 
Industrial Production - March 
0.5%
0.0
 
Manufacturing
0.1
0.1
 
Capacity Utilization
78.3
78.0
 
 
 
 
 
Business Inventories - February
0.3%
-0.1
 
Michigan Consumer Sentiment - April (p)
43.5
43.8
 

More By This Author:

Economic Data Forecasts For The Weeks Of March 27 And April 3
Economic Data Forecasts For The Weeks Of March 20 And 27
Economic Data Forecasts For The Weeks Of March 13 And 20

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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