Forecasts For The Weeks Of September 29 And October 6

Here are my forecasts for upcoming economic data.

     
 

Forecast

Prior Observation

Consensus

 

Week of September 29

       

September 29

       

Personal Income - August

0.4%

0.2

0.3

 

Personal Spending

0.5

-0.1

0.5

 
         

Dallas Fed Manufacturing Index

11.0

7.1

10.3

 

Pending Home Sale Index - Aug

105.5

105.9

106.6

 
         

September 30

       

S&P Case/Shiller Index - July

       

Twenty City M/M

1.3%

1.0

1.1

 

Twenty City M/M - SA

0.2

-0.2

0.3

 

Twenty City Y/Y

7.5

8.1

7.5

 

Third Quarter Twenty City Q/Q - SA

       
         

Chicago PMI - September

60.0

64.3

62.0

 

Consumer Confidence - September

92.0

92.4

92.5

 
         

October 1

       

Auto Sales* - September

17.10M

17.53

16.80

 

*SAAR, as published by Motor Intelligence

       
         

ADP Employment Report - September

200K

204

200

 
         

PMI Manufacturing Index

57.9

57.9

58.0

 
         

ISM MFG - Sept

58.3

59.0

58.0

 

ISM Prices

58.0

58.0

57.0

 
         

Construction Spending - August

0.3%

1.8

0.5

 
         

October 2

       

Initial Unemployment Claims

300K

298

297

 
         

Factory Orders - August

-9.6%

10.5

-9.3

 

Durable Goods Orders

-18.2

22.6

   

Nondurable Goods Orders

0.3

-0.9

   
         

October 3

       

Nonfarm Payrolls - September

205K

142

215

 

Private

200

134

215

 

Manufacturing

6

0

12

 

Unemployment

6.1%

6.1

6.1

 

Average Workweek

34.5HR

34.5

34.5

 

Average Hourly Earnings

0.2%

0.2

0.2

 
         

International Trade - August

-$40.5B

-40.5

-40.6

 
         

ISM Services - September

58.2

59.6

58.8

 

ISM Prices

57.7

57.7

   

ISM Business Activity

63.2

65.0

63.4

 
         

Week of October 6

       

October 7

       

Consumer Credit - August

$21.0B

26.0

20.0

 
         

October 9

       

Wholesale Inventories - August

0.4%

0.1

0.3

 

Wholesale Sales

       
         

October 10

       

Export Prices -  September

0.0%

-0.5

-0.1

 

Import Prices

-0.8

-0.9

-0.5

 

Import Prices, ex-Energy

 

0.0

   
         

Treasury Budget - September

70.4

-128.7

   
       

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 ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.