Economic Data Forecasts For The Weeks Of June 23 And 30
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Here are my forecasts for upcoming economic data.
| Prior | |||
| Forecast | Observation | ||
| Week of June 23 | |||
| June 23 | |||
| Existing Home Sales - May | 3.890M | 4.000 | |
| June 24 | |||
| Current Account - Q1 | -$460.0B | -303.9 | |
| S&P Case/Shiller Index - April | |||
| Twenty City M/M | 1.3% | 1.1 | |
| Twenty City M/M - SA | 0.2 | -0.1 | |
| Twenty City Y/Y | 4.0 | 4.0 | |
| Third Quarter Twenty City Q/Q - SA | |||
| FHFA Home Price Index - April | 0.2% | -0.1 | |
| Consumer Confidence | 98 | 98.0 | |
| Richmond Fed Manufacturing Index | -5 | -9.0 | |
| June 25 | |||
| New Home Sales - May | 700M | 743 | |
| June 26 | |||
| Chicago Fed National Activity Index - May | -0.25 | -0.25 | |
| Durable Goods Orders - May | 3.0 | -6.3 | |
| International Trade in Goods - May | -$92.0 | -87.6 | |
| GDP - Q1 (f) | -0.2% | -0.2 | |
| Initial Unemployment Claims | 245K | 245 | |
| Pending Home Sales Index - May | 73.7 | 76.5 | |
| June 27 | |||
| Personal Income - May | 0.8% | 0.8 | |
| Personal Spending | 0.4 | 0.2 | |
| Michigan Consumer Sentiment Index - June (r) | 60 | 60 | |
| Week of June 30 | |||
| Chicago PMI - June | 42.0 | 40.5 | |
| July 1 | |||
| ISM (Mfg) - June | 49.1 | 48.5 | |
| Construction Spending - May | 0.2% | -0.4 | |
| JOLTS - May | 7.200M | 7.391 | |
| Auto Sales - June | 15.6M | 15.6 | |
| Car Sales | 2.6 | 2.6 | |
| Truck Sales | 13.1 | 13.1 | |
| July 2 | |||
| ADP Employment Report - June | 120K | 37 | |
| July 3 | |||
| Nonfarm Payrolls - June | 130K | 139 | |
| Private | 120 | 140 | |
| Manufacturing | -4 | -8 | |
| Unemployment | 4.2% | 4.2 | |
| Average Workweek | 34.3HR | 34.3 | |
| Average Hourly Earnings | 0.3% | 0.4 | |
| International Trade - May | -$68.0B | -61.6 | |
| Initial Unemployment Claims | |||
| PMI Services Index | |||
| Factory Orders - May | 2.7% | -3.7 | |
| Durable Goods Orders | 5.5 | -6.3 | |
| Nondurable Goods Orders | 0.0 | -0.9 | |
| ISM Services - June | 51.3 | 49.9 |
More By This Author:
Economic Data Forecasts For The Weeks Of June 9 And 16
Economic Data Forecasts For The Weeks Of June 2 And 9
Economic Data Forecasts For The Weeks Of May 26 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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