Economic Data Forecasts For The Weeks Of March 18 And 25

Here are my forecasts for upcoming economic data.

     
 

Forecast

Prior Observation

Consensus

 

Week of March 18

       

March 18

       

NAHB Index - March

63

62

63

 
         

March 19

       

Factory Orders - January

0.4%

0.1

-0.1

 

Durable Goods Orders

0.4

1.2

   

Nondurable Goods Orders

0.4

-1.0

   
         

March 20

       

FMOC

2.375%

2.375

   
         

March 21

       

Initial Unemployment Claims

225

229

225

 

Philadelphia Fed Survey

7.6

-4.1

4.4

 

Leading Indicators - February

0.1%

0.0%

0.1

 
         

March 22

       

PMI Manufacturing Flash Index

53.5

53.0

53.4

 

PMI Services Flash Index

56.5

56.0

56.0

 
         

Existing Home Sales - February

5.100M

4.940

5.080

 

Wholesale Inventories - January

0.1

1.1

0.1

 

Treasury Budget - February

-$225.0B

8.7

-227.0

 
         

Week of March 25

       

March 25

       

Chicago Fed National Activity Index - February

-0.20

-0.43

   

Dallas Fed Manufacturing Index

13.5

13.1

   
         

March 26

       

Twenty City M/M

0.0%

-0.2

   

Twenty City M/M - SA

0.4

0.2

   

Twenty City Y/Y

3.8

4.2

   
         

Housing Starts - February

1.200M

1.230

   

Building Permits

1.290

1.345

   
         

FHFA Housing Price Index - January

0.3%

0.3

   

Consumer Confidence Index - March

133.0

131.4

   

Richmond Fed Manufacturing Index

14.0

16.0

   
         

March 27

       

International Trade in Goods - January

-$77.0B

-79.5

   

Wholesale Inventories (a) - Jan

0.4%

1.1

   

Current Account - Q4

-$136.0B

-124.8

   
         

March 28

       

GDP - Q4 (f)

2.2%

2..6

   
         

Pending Home Sale Index - February

100.1

103.2

   
         

March 29

       

Personal Income - February

0.3%

-0.1

   
         

New Home Sales - February

607K

607

   

Chicago PMI - March

60.7

64.7

   

Michigan Consumer Sentiment - March (f)

97.9

97.8

   
         
 

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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