Economic Data Forecasts For The Weeks Of Oct. 28 And Nov. 4

Here are my forecasts for upcoming economic data.      
  Forecast Prior  
    Observation  
Week of October 28      
October 28      
Dallas Fed Manufacturing Index -9.0 -9.0  
       
October  29      
International Trade in Goods - September (a) -94.1 -94.3  
Wholesale Inventories - September (a) 0.0% 0.1  
       
S&P Case/Shiller Index - August      
Twenty City M/M -0.3% 0.0  
Twenty City M/M - SA 0.4 0.3  
Twenty City Y/Y 5.2 5.9  
Third Quarter Twenty City Q/Q - SA      
       
FHFA House Price Index - August 0.2% 0.1  
Consumer Confidence 99.3 98.7  
JOLTS - September 7.900 8.040  
       
October 30      
ADP Employment Report - October 115K 143  
       
GDP - Q3 (a) 3.0% 3.0  
Pending Home Sale Index - September 72.0 70.6  
       
October 31      
Initial Unemployment Claims 232K 227K  
       
Employment Cost Index - Q3 1.0% 0.9  
Employment Cost Index - Y/Y 4.1 4.1  
       
Personal Income - September 0.4% 0.2  
Personal Spending 0.2 0.2  
PCE Price Index 0.2 0.1  
Core PCE Price Index 0.3 0.1  
       
Chicago PMI 46.1 46.6  
       
November 1      
Nonfarm Payrolls - October 140K 254  
Private 115 223  
Manufacturing -30 -7  
Unemployment 4.1 4.1  
Average Workweek 34.2 34.2  
Average Hourly Earnings 0.3 0.4  
       
ISM (Mfg) - October 47.6 47.2  
       
Auto Sales* - October 15.7M 15.1  
Car Sales 3.0 2.9  
Truck Sales 12.7 12.3  
*SAAR, as published by Motor Intelligence      
       
Week of November 4      
November 4      
Factory Orders - September -0.4% -0.2  
Durable Goods Orders  -1.0 0.0  
Nondurable Goods Orders  0.2 -0.5  
       
November 5      
International Trade - September -$71.3B -70.4  
ISM Services - October 53.6 54.9  
       
November 7      
Productivity - Q3 (p) 2.3% 2.5  
Unit Labor Costs 0.5 0.4  
       
Wholesale Inventories - September 0.2% 0.1  
       
FMOC 4.625% 4.875  
Consumer Credit - September $10.0B 8.9

More By This Author:

Economic Data Forecasts For The Weeks Of Oct. 21 & 28
Economic Data Forecasts For The Weeks Of Oct. 7 & 14
Economic Data Forecasts For The Weeks Of Sept. 30 & Oct. 7

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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