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 |
More By This Author:
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Economic Data Forecasts For The Weeks Of Feb. 10 And 17
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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