Economic Data Forecasts For The Weeks Of Oct. 30 & Nov. 6

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Here are my forecasts for upcoming economic data:
     
    Forecast Prior Observation Consensus
Week of October 30  
 
 
 
October 30
 
 
 
 
Dallas Fed Manufacturing Index
 
-16.0
-18.1
 
 
 
 
 
 
October 31
 
 
 
 
Employment Cost Index - Q3
 
1.0%
1.0
1.0
Employment Cost Index - Y/Y
 
4.3
4.5
 
 
 
 
 
 
S&P Case/Shiller Index - August
 
 
 
 
Twenty City M/M
 
0.3%
0.6
0.5
Twenty City M/M - SA
 
0.9
0.6
 
Twenty City Y/Y
 
1.6%
0.1
 
 
 
 
 
 
FHFA House Price Index - August
 
0.5%
0.8
 
Chicago PMI
 
46.0
44.1
45.0
Consumer Confidence
 
100.0
103.0
100
 
 
 
 
 
November 1
 
 
 
 
ADP Employment Report - October
 
135
89
150
 
 
 
 
 
PMI Manufacturing Index - October
 
50.0
50.0
 
ISM (Mfg) - October
 
48.2
49.0
49.0
 
 
 
 
 
Construction Spending - September
 
0.4%
0.5
 
JOLTS - September
 
9.500M
9.610
9.200
 
 
 
 
 
Auto Sales* - October
 
15.1M
15.7
 
Car Sales
 
3.2
3.2
 
Truck Sales
 
11.9
12.4
 
 
 
 
 
 
FMOC
 
5.375%
5.375
 
 
 
 
 
 
November 2
 
 
 
 
Productivity - Q3 (p)
 
4.0%
3.5
4.0
Unit Labor Costs
 
0.8
2.3
0.8
 
 
 
 
 
Initial Unemployment Claims
 
210K
198
210
 
 
 
 
 
Factory Orders - September
 
2.9%
1.2
1.9
Durable Goods Orders 
 
4.7
0.1
 
Nondurable Goods Orders 
 
1.0
2.1
 
 
 
 
 
 
November 3
 
 
 
 
Nonfarm Payrolls - October
 
155K
336
188
Private
 
135
263
145
Manufacturing
 
-20
17
0
Unemployment
 
3.8%
3.8
3.8
Average Workweek
 
34.4Hr
34.4
34.4
Average Hourly Earnings
 
0.3%
0.2
0.3
 
 
 
 
 
PMI Services Index
 
50.9
50.9
 
ISM Services - October
  52.6 53.6 53.0
         
Week of November 6        
November 7        
International Trade - September   -$59.7B -58.3  
Consumer Credit - September   $12.0B -15.6  
         
November 8        
Wholesale Inventories - September   0.0 0.0  
         
November 10        
Michigan Consumer Sentiment Index (p)   65.0 63.8  
Treasury Budget - October   $35B -171.0  

More By This Author:

Economic Data Forecasts For The Weeks Of October 23 And 30
Economic Data Forecasts For The Weeks Of Oct. 16 And 23
Economic Data Forecasts For The Weeks Of October 9 And 16

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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