Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of August 17

August 17

New York Fed Manufacturing Index

15.0

17.2

15.0

NAHB Index

74

72

73

August 18

Housing Starts - July

1.250M

1.186

1.237

Building Permits

1.335

1.241

1.313

August 20

Initial Unemployment Claims

915K

963

893

Philadelphia Fed Survey

21.5

24.1

20.5

Leading Economic Indicators

1.0%

2.0

1.1

August 21

PMI Manufacturing Flash Index

53.2

50.9

51.8

PMI Services Flash

50.0

50.0

51.0

Existing Home Sales - July

5.400M

4.720

5.390

Week of August 24

August 24

Chicago Fed National Activity Index - July

3.50

4.11

August 25

S&P Case/Shiller Index - June

Twenty City M/M

0.4%

0.4

Twenty City M/M - SA

0.1

0.0

Twenty City Y/Y

3.7

3.7

Third Quarter Twenty City Q/Q - SA

FHFA Home Price Index - June

0.3%

-0.3

Consumer Confidence - August

94.6

92.6

New Home Sales - July

750K

776

Richmond Fed Manufacturing Index

10

10

August 26

Durable Goods Sales - July

4.0

7.6

August 27

GDP - Q2 (p)

-32.9%

-32.9

Pending Home Sales Index - July

116.1

116.1

August 28

International Trade in Goods - July

-$73.9B

-70.6

Wholesale Inventories - July (a)

-0.5%

-1.4

Personal Income - July

-2.0%

-1.1

Personal Spending

1.0

5.6

Michigan Consumer Sentiment Index - Aug(r)

72.8

72.8