Economic Data Forecasts For The Weeks Of June 26 And July 3
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Here are my forecasts for upcoming economic data.
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Forecast |
Prior Observation |
Consensus |
Week of June 26 |
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June 26 |
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Dallas Fed General Business Activity |
-20 |
-29.1 |
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June 27 |
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Durable Goods Orders - May |
-1.2% |
1.1 |
-1.0 |
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S&P Case/Shiller Index - April |
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Twenty City M/M |
1.0% |
1.5 |
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Twenty City M/M - SA |
0.5 |
0.5 |
0.3 |
Twenty City Y/Y |
-2.3 |
-1.1 |
-2.3 |
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FHFA Home Price Index - April |
0.5% |
0.6 |
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Consumer Confidence |
103.5 |
102.3 |
103.7 |
New Home Sales - May |
675K |
683 |
670 |
Richmond Fed Manufacturing Index |
-10 |
-15 |
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June 28 |
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International Trade in Goods - May |
-$94.0B |
-98.8 |
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Wholesale Inventories - May (a) |
-0.1% |
-0.1 |
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June 29 |
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GDP - Q1 (f) |
1.5% |
1.3 |
1.4 |
GDP Implicit Price Deflator |
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Initial Jobless Claims |
264K |
264 |
266 |
Pending Home Sales Index - May |
79.2 |
78.9 |
79.1 |
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June 30 |
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Personal Income - May |
0.4% |
0.4 |
0.3 |
Personal Spending |
0.2 |
0.8 |
0.2 |
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Chicago PMI - June |
43.0 |
40.4 |
44.0 |
Michigan Consumer Sentiment Index - June (r) |
63.9 |
63.9 |
63.9 |
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Week of July 3 |
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July 3 |
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PMI Manufacturing Index - June |
46.3 |
46.3 |
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ISM (Mfg) - June |
47.4 |
46.9 |
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Construction Spending - May |
0.4% |
1.2 |
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Auto Sales* - June |
15.4M |
15.0 |
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Car Sales |
3.2 |
3.1 |
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Truck Sales |
12.2 |
11.9 |
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July 5 |
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Factory Orders - May |
-0.6 |
0.4 |
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Durable Goods Orders |
-1.2 |
1.1 |
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Nondurable Goods Orders |
0.2 |
-0.1 |
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July 6 |
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ADP Employment Report - June |
253 |
278 |
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International Trade - May |
-$69.8B |
-74.6 |
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PMI Services Index |
54.1 |
54.1 |
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ISM Services - June |
50.5 |
50.3 |
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JOLTS - May |
10.000M |
10.103 |
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July 7 |
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Nonfarm Payrolls - June |
263K |
339 |
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Private |
253 |
283 |
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Manufacturing |
5 |
-2 |
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Unemployment |
3.6% |
3.7 |
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Average Workweek |
34.3 |
34.3 |
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Average Hourly Earnings |
0.4% |
0.3 |
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More By This Author:
Economic Data Forecasts For The Weeks Of June 19 And 26
Economic Data Forecasts For The Weeks Of June 12 And 19
Economic Data Forecasts For The Weeks Of June 5 And 12
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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