Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of October 21

October 22

Existing Home Sales - September

5.430M

5.490

5.450

Richmond Fed Manufacturing Index

-7

-9

-9

October 23

FHFA House Price Index - August

0.4%

0.4

0.4

October 24

Initial Unemployment Claims

215K

214

214

Durable Goods Sales - September

-1.5%

0.2

-0.7

PMI Manufacturing Flash Index

50.5

51.1

50.5

PMI Services Flash Index

51.0

50.9

51.0

New Home Sales - September

680K

713

699

Kansas City Fed Manufacturing Index

-2.0

-2.0

October 25

Michigan Consumer Sentiment Index - Oct (r)

96.0

96

96.0

Week of October 28

October 28

International Trade in Goods - September (a)

-73.5

-72.8

Wholesale Inventories - September (a)

0.3

0.2

Chicago Fed National Activity Index

0.10

0.10

Dallas Fed Manufacturing Index

2.0

1.5

October 29

S&P Case/Shiller Index - August

Twenty City M/M

0.4

0.1

Twenty City M/M - SA

-0.1

0.0

Twenty City Y/Y

2.4

2.0

Third Quarter Twenty City Q/Q - SA

Consumer Confidence

125.1

125.1

Pending Home Sale Index - September

107.3

107.3

October 30

ADP Employment Report - October

95

135.0

GDP - Q3 (a)

1.8%

2.0

FOMC

1.625%

1.875

October 31

Initial Unemployment Claims

Personal Income - September

0.3%

0.4

Personal Spending

0.3

0.3

PCE Price Index

Core PCE Price Index

Real Personal Spending

Employment Cost Index - Q3

0.6%

0.6

Employment Cost Index - Y/Y

2.7

2.7

Chicago PMI

47.6

47.1

November 1

Nonfarm Payrolls - October

100K

136K

Private

90

114

Core Private*

Manufacturing

-50

-2

Unemployment

3.50%

3.5

Average Workweek

34.4HR

34.4

Average Hourly Earnings

0.2%

0.0

*Core Private equals Private less Medical, Social Assistance, and Temp Services

PMI Manufacturing Index - October

ISM (Mfg) - October

49.0

47.8

Construction Spending - September

0.2%

0.1