Economic Data Forecasts For The Weeks Of May 17 & 24
| Here are my forecasts for upcoming economic data. | |||
| Prior | |||
| Forecast | Observation | ||
| Week of June 17 | |||
| June 17 | |||
| NY Fed Manufacturing Index | -12.0 | -15.6 | |
| June 18 | |||
| Retail Sales - May | 0.3% | 0.0 | |
| Retail Sales, ex Autos | 0.3 | 0.2 | |
| Retail Sales, ex Autos and Gas | 0.4 | -0.1 | |
| Industrial Production - June | 0.1% | 0.0 | |
| Capacity Utilization | 78.4 | 78.4 | |
| Manufacturing | 0.1 | -0.3 | |
| Business Inventories - April | 0.3% | -0.1 | |
| June 19 | |||
| NAHB Index - June | 48 | 45 | |
| June 20 | |||
| Initial Unemployment Claims | 240K | 242 | |
| Housing Starts - May | 1.400M | 1.360 | |
| Building Permits | 1.460 | 1.440 | |
| Philadelphia Fed Survey Index | 4.5 | 4.5 | |
| Current Account - Q1 | -$205.5B | -194.8 | |
| June 21 | |||
| PMI Manufacturing Flash Index | 51.0 | 51.3 | |
| PMI Services Flash Index | 54.8 | 54.8 | |
| Leading Indicators | -0.3% | -0.6 | |
| Existing Home Sales - May | 3.890M | 4.140 | |
| Week of June 24 | |||
| June 24 | |||
| Dallas Fed Index | -14.5 | -19.4 | |
| June 25 | |||
| Chicago Fed National Activity Index - May | -0.25 | -0.23 | |
| S&P Case/Shiller Index - April | |||
| Twenty City M/M | 1.2% | 1.6 | |
| Twenty City M/M - SA | 0.3 | 0.3 | |
| Twenty City Y/Y | 7.0 | 7.4 | |
| FHFA Home Price Index - April | 0.5% | 0.1 | |
| Consumer Confidence | 100.0 | 102.0 | |
| Richmond Fed Manufacturing Index | -3.0 | 0 | |
| June 26 | |||
| New Home Sales - May | 650K | 634 | |
| June 27 | |||
| Initial Unemployment Claims | |||
| Durable Goods Orders - May | 0.7% | 0.6 | |
| International Trade in Goods - May | -96.4 | 99.4 | |
| Wholesale Inventories - May (a) | 0.1% | 0.1 | |
| GDP - Q1 (f) | 1.3% | 1.3 | |
| Pending Home Sales Index - May | 75.3 | 72.3 | |
| June 28 | |||
| Personal Income - May | 0.4% | 0.3 | |
| Personal Spending | 0.4 | 0.2 | |
| Chicago PMI - June | 40.0 | 35.4 | |
More By This Author:
Economic Data Forecasts For The Weeks Of May 3 & 10
Economic Data Forecasts For The Weeks Of May 27 & June 3
Economic Data Forecasts For The Weeks Of May 20 & 27
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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