Economic Data Forecasts For The Weeks Of March 29 And April 5
Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
Consensus |
|
Week of March 29 |
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March 29 |
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Dallas Fed Manufacturing Index |
12.5 |
17.2 |
|
March 30 |
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S&P Case/Shiller Index - January |
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Twenty City M/M |
0.8% |
0.8 |
|
Twenty City M/M - SA |
1.2 |
1.3 |
1.2 |
Twenty City Y/Y |
11.0 |
10.1 |
11.0 |
FHFA Housing Price Index - January |
0.8% |
1.1 |
|
Consumer Confidence Index - March |
96.0 |
91.3 |
97.0 |
March 31 |
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Chicago PMI - March |
60.0 |
59.5 |
60.3 |
Pending Home Sale Index - February |
120.0 |
122.8 |
|
April 1 |
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Initial Unemployment Claims |
685K |
684 |
680 |
PMI Manufacturing Index - March |
59.0 |
59.0 |
|
ISM (Mfg) - March |
59.8 |
60.8 |
61.3 |
Construction Spending - February |
-0.8% |
1.7 |
-0.9 |
Auto Sales* - March |
15.8 |
15.7 |
|
Car Sales |
3.5 |
3.4 |
|
Truck Sales |
12.3 |
12.2 |
|
Nonfarm Payrolls - March |
520K |
379 |
630 |
Private |
470 |
465 |
550 |
Manufacturing |
40 |
21 |
30 |
Unemployment |
6.1% |
6.2 |
6.0 |
Average Workweek |
34.8HR |
34.6 |
34.7 |
Average Hourly Earnings |
0.2% |
0.2 |
0.2 |
Week of April 5 |
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April 5 |
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Factory Orders - February |
-1.0% |
2.6 |
|
Durable Goods Orders |
-1.1 |
3.4 |
|
Nondurable Goods Orders |
-1.0 |
1.9 |
|
PMI Services Index - March |
60.0 |
60.0 |
|
ISM Services - March |
57.0 |
55.3 |
|
April 6 |
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JOLTS - February |
6.850M |
6.917 |
|
April 7 |
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International Trade - February |
-$70.4B |
-68.2 |
|
Consumer Credit - February |
$5.0B |
-1.3 |
|
April 9 |
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Producer Price Index - March |
0.5% |
0.5 |
|
PPI less food, energy and trade services |
0.2 |
0.2 |
|
Energy |
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Wholesale Inventories - February (r) |
0.5% |
0.5 |
|
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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