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

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