Economic Data Forecasts For The Weeks Of Jan. 20 And 27, 2025
Here are my forecasts for upcoming economic data. | |||
Prior | |||
Forecast | Observation | ||
Week of January 20 | |||
January 22 | |||
Leading Indicators | 0.0% | 0.3 | |
January 23 | |||
Initial Unemployment Claims | |||
Chicago Fed Natonal Activity Index - December | -0.12 | -0.12 | |
January 24 | |||
PMI Manufacturing Flash Index - January | 48.4 | 49.4 | |
PMI Services Flash Index - January | 56.8 | 56.8 | |
Existing Home Sales - December | 4.200M | 4.150 | |
Michigan Consumer Sentiment - February (f) | 73.2 | 73.2 | |
Week of January 27 | |||
January 27 | |||
New Home Sales - December | 672K | 664 | |
Dallas Fed Index - January | -3.0 | 3.4 | |
January 28 | |||
Durable Goods Orders - December | 1.0% | -1.2 | |
S&P Case/Shiller Index - November | |||
Twenty City M/M | -0.1% | -0.2 | |
Twenty City M/M - SA | 0.3 | 0.3 | |
Twenty City Y/Y | 4.3 | 4.3 | |
FHFA Housing Market Index - November | 0.4% | 0 | |
Consumer Confidence Index | 106.0 | 104.7 | |
Richmond Fed Index | -10.0 | -6.0 | |
January 29 | |||
International Trade in Goods (a) - December | -115.1B | -102.9 | |
Wholesale Inventories (a) | 0.4% | -0.2 | |
FOMC | 4.375% | 4.375 | |
January 30 | |||
GDP - Q4 (a) | 2.8% | 3.1 | |
Pending Home Sales - December | 78.3 | 79.1 | |
January 31 | |||
Employment Cost Index - Q4 | 1.1% | 0.8 | |
Employment Cost Index - Y/Y | 3.9 | 3.9 | |
Personal Income - December | 0.4% | 0.3 | |
Personal Spending | 0.4 | 0.4 | |
Chicago PMI - January | 40.0 | 36.9 | |
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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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