Economic Data Forecasts For The Weeks Of October 19 And 26

Here are my forecasts for upcoming economic data.

     

 

 
 

Forecast

Prior Observation

Consensus

 

 

Week of October 19

     

 

 

October 19

     

 

 

NAHB Index

83

83

82

 

 
       

 

 

October 20

     

 

 

Housing Starts - September

1.475M

1.416

1445

 

 
       

 

 

October 22

     

 

 

Initial Unemployment Claims

875K

898

861

 

 

Leading Indicators

0.9%

1.2

0.8

 

 

Existing Home Sales - September

6.400M

6.000

6.184

 

 
       

 

 

October 23

     

 

 

PMI Manufacturing Flash Index

53.2

53.1

 

 

 

PMI Services Flash Index

54.6

54.6

 

 

 
       

 

 

Week of October 26

     

 

 

October 26

     

 

 

Chicago Fed National Activity Index

0.60

0.79

 

 

 
       

 

 

New Home Sales - September

1000K

1011

 

 

 

Dallas Fed Manufacturing Index

13.5

13.6

 

 

 
       

 

 

October 27

     

 

 

Durable Goods Sales - September

1.8%

0.5

 

 

 

Richmond Fed Manufacturing Index

15

21

 

 

 
       

 

 

S&P Case/Shiller Index - August

     

 

 

Twenty City M/M

0.3%

0.6

 

 

 

Twenty City M/M - SA

0.4

0.6

 

 

 

Twenty City Y/Y

4.2

3.9

 

 

 
       

 

 

FHFA House Price Index - August

0.7%

1.0

 

 

 

Consumer Confidence

101.5

101.8

 

 

 

Richmond Fed Manufacturing Index

18

21

 

 

 
       

 

 

October 28

     

 

 

International Trade in Goods - September (a)

-$85.4B

-82.9

 

 

 

Wholesale Inventories - September (a)

0.3%

0.4

 

 

 
       

 

 

October 29

     

 

 

GDP - Q3 (a)

30.0%

-31.4

 

 

 
       

 

 

Pending Home Sale Index - September

132.8

132.8

 

 

 
       

 

 

October 30

     

 

 

Personal Income - September

0.5%

-2.7

 

 

 

Personal Spending

0.0%

1.0

 

 

 
       

 

 

Chicago PMI

58.0

62.4

 

 

 
       

 

 

Employment Cost Index - Q3

0.5%

0.5

 

 

 

Employment Cost Index - Y/Y

2.5

2.7

 

 

 
       

 

 

Michigan Consumer Sentiment Index - Oct (r)

81.2

81.2

 

 

 
       

 

 
 
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