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  
     

More By This Author:

Economic Data Forecasts For The Weeks Of Sept. 16 & 23
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Economic Data Forecasts For The Weeks Of Aug. 5 & 12

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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