Economic Data Forecasts For The Weeks Of March 22 And 29

 
Here are my forecasts for upcoming economic data.    
  Forecast Prior Observation Consensus
Week of March 22      
March 22      
Chicago Fed National Activity Index - February 0.85 0.66  
Existing Home Sales - February 6.490M 6.690 6.490
       
March 23      
Current Account - Q4 -$184.2B -178.5 -188.5
       
New Home Sales - February 860K 923 880
Richmond Fed Manufacturing Index 14 14  
       
March 24      
Durable Goods Orders - February -0.5% 3.4 0.8
       
PMI Manufacturing Flash Index 59.0 58.6 59.4
PMI Services Flash Index 60.0 59.8 60.2
       
March 25      
Initial Unemployment Claims 745K 770 730
       
GDP - Q4 (f) 4.4% 4.1 4.1
Kansas City Fed Manufacturing Index 27 24  
       
March 26      
International Trade in Goods - February -$84.8B -84.6  
Wholesale Inventories (a) - February 1.2% 1.3  
       
Personal Income - February -7.2% 10.5 -7.3
Personal Spending - February 0.0 2.4 -0.7
Core PCE Price Index 0.3 0.4  
PCE Price Index 0.1 0.3 0.1
       
Michigan Consumer Sentiment - March (f) 83.0 83.0 83.5
       
Week of March 29      
March 29      
Dallas Fed Manufacturing Index 12.5 17.2  
       
March 30      
S&P Case/Shiller Index - January      
Twenty City M/M 0.8% 0.8  
Twenty City M/M - SA 1.2 1.3  
Twenty City Y/Y 11.0 10.1  
       
FHFA Housing Price Index - January 0.8% 1.1  
Consumer Confidence Index - March 93.1 91.3  
       
March 31      
ADP Employment Report - March 385K 117  
Chicago PMI - March 60.0 59.5  
Pending Home Sale Index - February 120.0 122.8  
       
April 1      
ISM (Mfg) - March 59.8 60.8  
ISM Prices      
       
Construction Spending - February -0.8% 1.7  
       
Auto Sales* - March 15.8M 15.7  
Car Sales 3.5 3.4  
Truck Sales 12.3 12.2  
       
Nonfarm Payrolls - March 480K 379  
Private 470 465  
Manufacturing 40 21  
Unemployment 6.1% 6.2  
Average Workweek 34.8HR 34.6  
Average Hourly Earnings 0.2% 0.2  
       
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.