Economic Data Forecasts For The Weeks Of March 31 And April 7

Here are my forecasts for upcoming economic data.

Week of March 31	Forecast	Prior Observation
March 31
Dallas Fed Manufacturing Index	-5.0	-8.3

April 1
PMI Manufacturing Index - March	49.8	49.8
ISM (Mfg) - March	50.3	50.3

Construction Spending - February	0.1%	-0.2
JOLTS - February	7.500M	7.740

Auto Sales - March	15.6M	16.0
Car Sales	2.8	2.9
Truck Sales	12.8	13.1

April 2
ADP Employment Report - March	125K	77.0

Factory Orders - February	0.6%	1.7
Durable Goods Orders	0.9	3,2
Nondurable Goods Orders	0.3	0.3

April 3
International Trade - February	-$121.9B	-131.4
Initial Unemployment Claims	225K	224

PMI Services Index - March	54.3	54.3
ISM Services - March	53.5	53.5

April 4
Nonfarm Payrolls - March	125K	151
Private	115	140
Manufacturing	5	10
Unemployment	4.2%	4.1
Average Workweek	34.2HR	34.2
Average Hourly Earnings	0.3%	0.3

Week of April 7
April 7
Consumer Credit - February	$15.0B	18.1

April 8
NFIB Small Business Optimism Index - March	98.7	100.7

April 9
Wholesale Inventories - February (r)	0.3%	0.3

April 10
Consumer Price Index - March	0.2%	0.2
Core CPI	0.3	0.2

Treasury Budget - March	-$90.0B	-307.0

April 11
Producer Price Index - March	0.1%	0.0
PPI less food, energy and trade services	0.3	0.2

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