Economic Data Forecasts For The Weeks Of June 1 And 8
|
Here are my forecasts for upcoming economic data. |
|||
|
Forecast |
Prior Observation |
Consensus |
|
|
Week of June 1 |
|||
|
June 1 |
|||
|
ISM (Mfg) - May |
42.5 |
41.5 |
43 |
|
Construction Spending - April |
-8.0% |
0.9 |
-8.0 |
|
June 2 |
|||
|
Auto Sales* - May |
10.0M |
8.6 |
|
|
June 3 |
|||
|
ADP Employment Report |
-8325K |
-20236 |
-9000 |
|
ISM Services - May |
45.0 |
41.8 |
-44.0 |
|
Factory Orders - April |
-14.4% |
-10.3 |
-12.5 |
|
Durable Goods Orders |
-17.2 |
-14.7 |
|
|
Nondurable Goods Orders |
-11.6 |
-5.8 |
|
|
June 4 |
|||
|
Initial Jobless Claims |
1800K |
2123 |
1800 |
|
International Trade - April |
-$48.4B |
-44.4 |
-44.3 |
|
Productivity - Q1 (r) |
-2.5% |
-2.5 |
-2.5 |
|
Unit Labor Costs |
4.8 |
4.8 |
4.8 |
|
June 5 |
|||
|
Nonfarm Payrolls - May |
-9325K |
-20500 |
-8250 |
|
Private |
-8325 |
-19520 |
-7500 |
|
Manufacturing |
-400 |
-1330 |
-400.0 |
|
Unemployment |
19.8% |
14.7 |
19.7 |
|
Average Workweek |
34.3HR |
34.2 |
34.2 |
|
Average Hourly Earnings |
-1.0% |
4.7 |
1.0 |
|
Consumer Credit - April |
-$60.0B |
-12.1 |
-30.0 |
|
Week of June 8 |
|||
|
June 9 |
|||
|
NFIB Small Business Optimisim Index - May |
90.9 |
90.9 |
|
|
Wholesale Inventories - April |
0.4% |
0.4 |
|
|
JOLTS - April |
6.000M |
6.191 |
|
|
June 10 |
|||
|
Consumer Price Index - May |
0.0% |
-0.8 |
0.0 |
|
Core CPI |
0.1 |
-0.4 |
-0.1 |
|
Treasury Budget - May |
-$680.0B |
-737.9 |
|
|
June 11 |
|||
|
Producer Price Index - May |
0.1% |
-1.3 |
0.1 |
|
PPI Core |
0.2 |
-0.9 |
|
|
June 12 |
|||
|
Export Prices - May |
0.7% |
-3.3 |
0.1 |
|
Import Prices |
0.8 |
-2.6 |
0.2 |
|
Import Prices, ex-Peteroleum |
-0.5 |
-0.5 |
|
|
Michigan Consumer Sentiment - June (p) |
72.3 |
72.3 |
|
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
Comments
