Economic Data Forecasts For The Weeks Of Feb. 26 And March 4

Here are my forecasts for upcoming economic data.

		Forecast

Week of February 26
February 26
New Home Sales - Jan	685K	664.0
Dallas Fed Manufacturing Index	-18.9	-27.4

February 27
Durable Goods Orders - January	-1.3%	0.0

S&P Case/Shiller Index - December
Twenty City M/M	-0.1%	-0.2
Twenty City M/M - SA	0.3	0.1
Twenty City Y/Y	6.3	5.4

Consumer Confidence Index - February	111.4	114.8
FHFA Housing Market Index - December	0.003	0.3
Richmond Fed Manufacturing Index	-12	-15.0


February 28
International Trade in Goods - January (a)	-$87.7B	-87.9
Wholesale Inventories (a) - January	-0.001	0.4

GDP - Q4 (p)	3.3%	3.3

February 29
Initial Unemployment Claims

Personal Income - January	0.5%	0.3
Personal Spending	0.3	0.7

Chicago PMI - February	46.6	46.0
Pending Home Sales - January	77.8	77.3

March 1
ISM (Mfg) - February	48.5	49.1
Construction Spending - January	0.002	0.9


Auto Sales - February	15.7M	15.0
Car Sales	3.0	3.0
Truck Sales	12.7	12.0

Michigan Consumer Sentiment - February (r)	79.6	79.6
Year ahead inflation expectation	3.1%	3.0

Week of March 4
March 5
ISM Services Index	52.0	53.4

Factory Orders - January	-0.7%	0.2
Durable Goods Orders	-1.4	0.0
Nondurable Goods Orders	0.1	0.4

March 6
ADP Employment Report - February	150	106
JOLTS - January	9.100M	9.0

March 7
International Trade - January	-$60.9B	-62.2

Productivity - Q4 (r)	3.2%	3.2
Unit Labor Cost	0.5	0.5

Consumer Credit - January	$10.0B	1.6

March 8
Nonfarm Payrolls - February	180K	353.0
Private	150	317.0
Manufacturing	10	23.0
Unemployment	3.7%	3.7
Average Workweek	34.2HR	34.1
Average Hourly Earnings	0.3%	0.6

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