Economic Data Forecasts For The Weeks Of Sept. 23 & 30
Here are my forecasts for upcoming economic data. | |||
Forecast | Prior Observation | ||
Week of September 23 | |||
September 23 | |||
Chicago Fed National Activity Index - August | -0.20 | -0.34 | |
PMI Manufacturing - Flash | 48.4 | 47.9 | |
PMI Services Flash | 55.0 | 54.6 | |
September 24 | |||
S&P Case/Shiller Index - July | |||
Twenty City M/M | 0.1% | 0.6 | |
Twenty City M/M - SA | 0.5 | 0.4 | |
Twenty City Y/Y | 5.9 | 6.5 | |
FHFA Home Price Index - July | 0.2% | -0.1 | |
Consumer Confidence - September | 102.0 | 103.3 | |
Richmond Fed Manufacturing Index | -15.0 | -19.0 | |
September 25 | |||
New Home Sales - August | 700K | 739.0 | |
September 26 | |||
Durable Goods Orders - August | -2.9% | 9.8 | |
GDP - Q2 (f) | 3.0% | 3.0 | |
Pending Home Sale Index - Aug | 73.2 | 70.2 | |
September 27 | |||
International Trade in Goods - August | -$100.0B | -102.7 | |
Wholesale Inventories - August (a) | 0.2% | 0.2 | |
Personal Income - August | 0.4% | 0.3 | |
Personal Spending | 0.3 | 0.5 | |
Michigan Consumer Sentiment - Sept (r) | |||
Week of September 30 | |||
September 30 | |||
Chicago PMI - September | 46.1% | 46.1 | |
Dallas Fed Manufacturing Index | -10 | -9.7 | |
October 1 | |||
ISM (Mfg) - Sept | 47.5 | 47.2 | |
Construction Spending - August | 0.0% | -0.3 | |
JOLTS - August | 7650K | 7.673 | |
Auto Sales - September | 15.2M | 15.1 | |
Car Sales | 2.9 | 2.9 | |
Truck Sales | 12.3 | 12.3 | |
October 2 | |||
ADP Employment Report - September | 135K | 99 | |
October 3 | |||
ISM Services - September | 52.0 | 51.5 | |
Factory Orders - August | -1.1% | 5.0 | |
Durable Goods Orders | -2.9 | 9.8 | |
Nondurable Goods Orders | 0.6 | 0.8 | |
PMI Manufacturing Index | |||
October 4 | |||
Nonfarm Payrolls - September | 153K | 142 | |
Private | 135 | 118 | |
Manufacturing | 5 | -24 | |
Unemployment | 4.2% | 4.2 | |
Average Workweek | 34.3HR | 34.3 | |
Average Hourly Earnings | 0.3% | 0.4 | |
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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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