Economic Data Forecasts For The Weeks Of June 19 And 26

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Here are my forecasts for upcoming economic data

 
 
 
Forecast
Prior Observation
Consensus
Week of June 19
 
 
 
June 19
 
 
 
NAHB Index - June
50
50
52
 
 
 
 
June 20
 
 
 
Housing Starts - May
1.410M
1.401
1.401
Building Permits
1.435
1.416
1.425
 
 
 
 
June 22
 
 
 
Current Account - Q1
-$216.2
-206.8
216.9
Initial Unemployment Claims
255K
260
 
Chicago Fed National Activity Index - May
0.15
0.07
 
Leading Indicators 
-0.4
-0.6
-0.6
Existing Home Sales - May
4.17K
4.280
4.25
 
 
 
 
June 23
 
 
 
PMI Manufacturing Flash Index
49.5
48.4
48.3
PMI Services Flash Index
55.0
54.9
54.0
 
 
 
 
Week of June 26
 
 
 
June 26
 
 
 
Dallas Fed General Business Activity
-20
-29.1
 
 
 
 
 
June 27
 
 
 
Durable Goods Orders - May
-1.2%
1.1
 
 
 
 
 
S&P Case/Shiller Index - April
 
 
 
Twenty City M/M
1.0%
1.5
 
Twenty City M/M - SA
0.5
0.5
 
Twenty City Y/Y
-2.3
-1.1
 
 
 
 
 
FHFA Home Price Index - April
0.5%
0.6
 
Consumer Confidence
103.5
102.3
 
New Home Sales - May
655K
683
 
 
 
 
 
June 28
 
 
 
International Trade in Goods - May
-$94.0B
-98.8
 
Wholesale Inventories - May (a)
-0.1%
-0.1
 
 
 
 
 
June 29
 
 
 
GDP - Q1 (f)
1.4%
1.3
 
Pending Home Sales Index - May
78.0
78.9
 
 
 
 
 
June 30
 
 
 
Personal Income - May
0.4%
0.4
 
Personal Spending
0.2
0.8
 
 
 
 
 
Chicago PMI - June
43.0
40.4
 
Michigan Consumer Sentiment Index - June (r)
63.9
63.9
 
 
 
 
 
Week of July 3
 
 
 
July 3
 
 
 
ISM (Mfg) - June
47.4
46.9
 
 
 
 
 
Construction Spending - May
0.4%
1.2
 
 
 
 
 
Auto Sales - June
15.4M
15.0
 
Car Sales
3.2
3.1
 
Truck Sales
12.2
11.9
 
 
 
 
 
July 5
 
 
 
Factory Orders - May
-0.6%
0.4
 
Durable Goods Orders 
-1.2
1.1
 
Nondurable Goods Orders 
0.2
-0.1
 
 
 
 
 
July 6
 
 
 
ADP Employment Report - June
253K
278
 
International Trade - May
-$69.8B
-74.6
 
ISM Services - June
50.5
50.3
 
 
 
 
 
JOLTS - May
10.000M
10.103
 
 
 
 
 
July 7
 
 
 
Nonfarm Payrolls - June
293K
339
 
Private
253
283
 
Manufacturing
5
-2
 
Unemployment
3.6%
3.7
 
Average Workweek
34.3HR
34.3
 
Average Hourly Earnings
0.4%
0.3
 
 
 

More By This Author:

Economic Data Forecasts For The Weeks Of June 12 And 19
Economic Data Forecasts For The Weeks Of June 5 And 12
Economic Data Forecasts For The Weeks Of May 29 And June 2

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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