Economic Data Forecasts For The Weeks Of Feb. 2 And 9

Here are my forecasts for upcoming economic data    
  Forecast Prior Observation  
Week of  February 2      
February 2      
PMI Manufacturing Index - January 52.2 51.9  
       
ISM (Mfg) - January 48.5 47.9  
       
February 3      
JOLTS - December 7.10M 7.15  
       
February 4      
Auto Sales* - January 15.8 16.0  
Car Sales 2.8 2.8  
Truck Sales 13.0 13.2  
       
ADP Employment Survey - January 45K 41  
       
PMI Services Index - January 52.5 52.5  
ISM Services - January 55.2 54.4  
       
February 6      
Nonfarm Payrolls - January  55K 50  
Private 42 37  
Manufacturing -5 -8  
Unemployment 4.4% 4.4  
Average Workweek 34.2HR 34.2  
Average Hourly Earnings 0.2% 0.3  
       
Michigan Consumer Sentiment - February (p) 58.0 56.4  
Michigan Year Ahead Inflation Expectations  3.8% 4.0  
       
Consumer Credit - December $10.0B 4.2B  
       
       
February 9      
Retail Sales - December 0.5% 0.6  
       
February 10      
NFIB Small Business Optimism Index - January 100.0 99.5  
       
Employment Cost Index - Q4 0.8% 0.8  
Employment Cost Index - Y/Y 3.5 3.5  
       
February 11      
Consumer Price Index - January 0.1% 0.3  
Core CPI 0.2 0.2  
       
Treasury Budget - January -$192.0B -144.7  
       
February 12      
Existing Home Sales - January 4.250M 4.350  

More By This Author:

Economic Data Forecasts For The Weeks Of Jan. 26 And Feb. 2
Economic Data Forecasts For Jan. 19 Thru Feb. 3
Economic Data Forecasts For The Weeks Of Jan. 12 And 19

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 ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.