Economic Data Forecasts For The Weeks Of Jan. 30 And Feb. 6
Here are my forecasts for upcoming economic data. | |||
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Forecast |
Prior Observation |
Consensus |
Week of January 30 |
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January 30 |
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Dallas Fed Index - January |
-15 |
-18.8 |
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January 31 |
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Employment Cost Index - Q4 |
1.2% |
1.2 |
1.1 |
Employment Cost Index - Y/Y |
5.2 |
5.0 |
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S&P Case/Shiller Index - November |
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Twenty City M/M |
-0.8% |
-0.8 |
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Twenty City M/M - SA |
-0.5 |
-0.5 |
-0.5 |
Twenty City Y/Y |
6.8 |
8.6 |
6.9 |
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FHFA Housing Market Index - November |
-0.5% |
0.0 |
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Chicago PMI - January |
45.5 |
44.9 |
44.9 |
Consumer Confidence Index |
108.3 |
108.3 |
109.0 |
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February 1 |
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ADP Employment Survey - January |
190K |
186 |
170 |
PMI Manufacturing Index - January |
46.8 |
46.8 |
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ISM (Mfg) - January |
48.1 |
48.4 |
48.0 |
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Construction Spending - December |
-0.4% |
0.2 |
-0.1 |
JOLTS - December |
10.300M |
10.458 |
10.200 |
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Auto Sales - January |
14.5M |
13.3 |
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Car Sales |
3.2 |
2.8 |
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Truck Sales |
11.3 |
10.6 |
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FMOC |
4.63% |
4.375 |
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February 2 |
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Initial Unemployment Claims |
195K |
186 |
200 |
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Productivity - Q(4) - preliminary |
2.7% |
0.8 |
2.4 |
Unit Labor Cost |
1.3 |
2.4 |
1.5 |
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Factory Orders - December |
3.0% |
-1.8 |
2.3 |
Durable Goods Orders |
5.6 |
-2.1 |
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Nondurable Goods Orders |
0.4 |
-1.4 |
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February 3 |
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Nonfarm Payrolls - January |
190K |
223 |
185 |
Private |
170 |
220 |
168 |
Manufacturing |
15 |
8.0 |
15 |
Unemployment |
3.6% |
3.5 |
3.6 |
Average Workweek |
34.3HR |
34.3 |
34.3 |
Average Hourly Earnings |
0.3% |
0.3 |
0.3 |
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PMI Services Index - January |
46.6 |
46.6 |
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ISM Services - January |
50.7 |
49.6 |
50.3 |
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Week of February 6 |
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February 7 |
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International Trade - December |
-$69.3B |
-61.5 |
-69.0 |
Consumer Credit - December |
$27B |
27 |
24 |
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February 8 |
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Wholesale Inventories (f) |
0.1% |
0.1 |
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February 10 |
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Michigan Consumer Sentiment - February (p) |
64.9 |
64.9 |
65.0 |
Treasury Budget - January |
$110.0B |
-85.0 |
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More By This Author:
Economic Data Forecasts For The Weeks Of Jan. 23 And 30
Economic Data Forecasts For The Weeks Of Jan. 16 And 23
Economic Data Forecasts For The Weeks Of Jan. 9 And 16
Peter Morici is an economist and emeritus business professor at the University of Maryland, and a national columnist.