Economic Data Forecasts For The Weeks Of March 25 & April 1
| Here are my forecasts for upcoming economic data | |||
| Forecast | Prior Observation | ||
| March 21 | |||
| Initial Unemployment Claims | 215K | 209 | |
| Philadelphia Fed Survey | 0.0 | 5.2 | |
| Current Account - Q4 | -$209.0B | -200.3 | |
| PMI Manufacturing Flash Index | 52.2 | 52.2 | |
| PMI Services Flash Index | 52.3 | 52.3 | |
| Leading Indicators - February | -0.3% | -0.4 | |
| Existing Home Sales - February | 3.950M | 4.00 | |
| Week of March 25 | |||
| March 25 | |||
| Chicago Fed National Activity Index - February | -0.5 | -0.3 | |
| New Home Sales - February | 671K | 661 | |
| Dallas Fed Manufacturing Index | -7.0 | -11.3 | |
| March 26 | |||
| Durable Goods Orders - February | 2.0% | -6.2 | |
| S&P Case/Shiller Index - January | |||
| Twenty City M/M | 0.1% | -0.3 | |
| Twenty City M/M - SA | 0.2 | 0.2 | |
| Twenty City Y/Y | 6.8 | 6.1 | |
| FHFA Housing Price Index - January | 0.3% | 0.1 | |
| Consumer Confidence Index - March | 107.0 | 106.7 | |
| Richmond Fed Manufacturing Index | -5.0 | -5.0 | |
| March 28 | |||
| GDP - Q4 (f) | 3.1% | 3.2 | |
| Chicago PMI - March | 46.0 | 44.0 | |
| Michigan Consumer Sentiment - March (f) | 76.5 | 76.5 | |
| Pending Home Sale Index - February | 75.3 | 74.3 | |
| March 29 | |||
| International Trade in Goods - February | -$89.7B | -90.2 | |
| Wholesale Inventories (a) - February | 0.2% | -0.3 | |
| Personal Income - February | 0.4% | 1.0 | |
| Personal Spending - February | 0.4 | 0.2 | |
| Week of April 1 | |||
| April 1 | |||
| ISM (Mfg) - March | 47.8 | 47.8 | |
| Construction Spending - February | 0.6% | -0.2 | |
| April 2 | |||
| Factory Orders - February | 1.3% | -3.6 | |
| Durable Goods Orders | 2.0 | -6.2 | |
| Nondurable Goods Orders | 0.6 | -1.1 | |
| JOLTS - February | 8.829M | 8.893 | |
| Auto Sales - March | 16.0K | 15.8 | |
| Car Sales | 3.1 | 3.2 | |
| Truck Sales | 12.7 | 12.6 | |
| April 3 | |||
| ADP Employment Report - March | 155K | 150 | |
| ISM Services - March | 52.6 | 52.6 | |
| April 4 | |||
| International Trade - February | -$65.7B | -67.4 | |
| April 5 | |||
| Nonfarm Payrolls - March | 180K | 275 | |
| Private | 155K | 223 | |
| Unemployment | 3.9% | 3.9 | |
| Average Workweek | 34.3HR | 34.3 | |
| Average Hourly Earnings | 0.4% | 0.1 | |
| Consumer Credit - February | $12.0B | 19.5 | |
More By This Author:
Economic Data Forecasts For The Weeks Of March 18 & 25
Economic Data Forecasts For The Weeks Of March 11 And 18
Economic Data Forecasts For The Weeks Of March 4 And 11
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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