Economic Data Forecasts For The Weeks Of May 20 & 27
Here are my projections for upcoming economic data.
| Forecast | Prior | ||
| Observation | |||
| Week of May 20 | |||
| May 22 | |||
| Existing Home Sales - April | 4.100M | 4.190 | |
| May 23 | |||
| Chicago Fed National Activity Index - April | 0.15 | 0.15 | |
| PMI Manufacturing Flash Index - May | 51.0 | 50.0 | |
| PMI Services Flash | 52.3 | 51.3 | |
| New Home Sales - April | 675K | 693 | |
| May 24 | |||
| Durable Goods Sales - April | 1.0% | 2.6 | |
| Michigan Consumer Sentiment Index - May (r) | 67.8 | 67.4 | |
| Week of May 27 | |||
| May 28 | |||
| S&P Case/Shiller Index - March | |||
| Twenty City M/M | 1.5% | 0.9 | |
| Twenty City M/M - SA | 0.3 | 0.6 | |
| Twenty City Y/Y | 7.3 | 7.3 | |
| FHFA Housing Price Index - March | 0.5% | 1.2 | |
| Consumer Confidence | 97.0 | 97.0 | |
| Dallas Fed Manufacturing Survey | 14.5 | -14.5 | |
| May 29 | |||
| Richmond Fed Index | -7 | -7 | |
| May 30 | |||
| Initial Jobless Claims | |||
| International Trade in Goods - April | -$92.3B | -91.8 | |
| Wholesale Inventories - April (a) | -0.1% | -0.4 | |
| GDP - Q1(p) | 2.6% | 1.6 | |
| Pending Home Sale Index - April | 77.8 | 78.2 | |
| May 31 | |||
| Personal Income - April | 0.3% | 0.5 | |
| Personal Spending | 0.5 | 0.8 | |
| Chicago PMI - May | 40.0 | 37.9 | |
More By This Author:
Economic Data Forecasts For The Weeks Of May 6 & 13
Economic Data Forecasts For The Weeks Of April 29 & May 6
Economic Data Forecasts For The Weeks Of April 22 & 29
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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