Economic Data Forecasts For The Weeks Of Aug. 1 And Aug. 8

Forecast

Prior Observation

Consensus

Week of August 1

August 1

PMI Manufacturing Index - July

52.3

52.3

ISM (Mfg) - July

52.5

53.0

52.0

Construction Spending - June

0.3%

-0.1

0.2

August 2

JOLTS - June

11.000M

11.254

11.000

Auto Sales - July

13.5M

13.0

Car Sales

2.8

2.7

Truck Sales

10.7

10.3

August 3

ADP Employment Report - July

220K

128

PMI Services Index

47.0

47.0

ISM Services - July

53.0

55.3

53.5

Factory Orders - June

1.2%

1.6

1.2

Durable Goods Orders 

1.9

0.8

Nondurable Goods Orders 

0.5

2.3

August 4

Initial Unemployment Claims

256K

256

255

International Trade - June

-$78.5B

-85.4

-80.1

August 5

Nonfarm Payrolls - July

250K

372

250

Private

220

381

230

Manufacturing

20

29

15

Unemployment

3.6%

3.6

3.6

Average Workweek

34.5HR

34.5

34.5

Average Hourly Earnings

0.3%

0.3

0.3

Consumer Credit - June

$23.0B

22.3

24.0

Week of August 8

August 9

NFIB Small Business Optimisim Index - July

89.5

89.5

Productivity - Q2 (p)

-2.2%

-7.3

Unit Labor Costs

6.7

12.6

August 10

Consumer Price Index - July

0.3%

1.3

CPI Core

0.7

0.7

Wholesale Inventories - June

1.9%

1.9

Treasury Budget - July

-$162.0B

-88.8

August 11

Producer Price Index - July

0.3%

0.8

PPI less food energy and trade services

0.5

0.6

August 12

Export Prices -  July

-1.4%

0.7

Import Prices

-1.3

0.2

Import Prices, ex-Petroleum

0.0

-0.4

Michigan Consumer Sentiment (p)

51.5

51.5