Economic Data Forecasts for the Weeks of June 20 and 27

Forecast

Prior Observation

Consensus

Week of June 20

June 20

Chicago Fed National Activity Index - May

0.47

0.47

June 21

Existing Home Sales - May

5.410M

5.610

5.390

June 23

Initial Unemployment Claims

229K

229

225

Current Account - Q1

$284.0B

-217.9

-273.3

PMI Manufacturing Flash Index

57.0

57.0

56.4

PMI Services Flash Index

53.9

53.4

53.6

June 24

New Home Sales - May

625K

591

585

Michigan Consumer Sentiment Index - June (r)

50.2

50.2

50.2

Week of June 27

June 27

Durable Goods Orders - May

0.5%

0.5

Pending Home Sales Index - May

99.3

99.3

Dallas Fed General Business Activity

-7.3

June 28

International Trade in Goods - May

-$102.5B

-105.9

Wholesale Inventories - May (a)

2.1%

2.2

S&P Case/Shiller Index - April

Twenty City M/M

2.8%

3.1

Twenty City M/M - SA

1.6

2.4

Twenty City Y/Y

21.9

21.2

FHFA Home Price Index - April

1.4%

1.5

Consumer Confidence

103.0

106.4

Richmond Fed Manufacturing Index

5.0

-9

June 29

GDP - Q1 (f)

-1.3%

-1.5

June 30

Personal Income - May

0.5%

0.4

Personal Spending

0.6

0.9

Chicago PMI - June

59.0

60.3

July 1

ISM (Mfg) - June

55.8

56.1

Construction Spending - May

0.7%

0.2

Auto Sales - June

13.8M

12.7

Car Sales

2.8

2.7

Truck Sales

11.0

10.0