Economic Data And Forecasts For The Weeks Of August 20 And August 27
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Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
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Week of August 20 |
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August 22 |
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Existing Home Sales - July |
5.509M |
5.380 |
5.425 |
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August 23 |
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Initial Unemployment Claims |
215K |
212 |
215 |
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FHFA Home Price Index - June |
0.5% |
0.2 |
0.3 |
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PMI Manufacturing Flash Index |
55.3 |
55.3 |
55.2 |
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PMI Services Flash |
57.0 |
56.0 |
56.0 |
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New Home Sales - July |
649K |
631 |
648 |
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Kansas City Fed Manufacturing Index |
25 |
23 |
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August 24 |
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Durable Goods Sales - July |
0.3% |
0.8 |
-0.2 |
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Week of August 27 |
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August 27 |
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Chicago Fed National Activity Index - July |
0.35 |
0.43 |
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Dallas Fed Manufacturing Index |
28.0 |
32.3 |
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August 28 |
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International Trade in Goods - July |
-$69.5B |
-68.3 |
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Wholesale Inventories - July (a) |
0.1% |
0.1 |
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S&P Case/Shiller Index - June |
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Twenty City M/M |
0.3% |
0.2 |
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Twenty City M/M - SA |
0.8 |
0.7 |
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Twenty City Y/Y |
6.6 |
6.5 |
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Consumer Confidence - August |
127.4 |
127.4 |
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Richmond Fed Manufacturing Index |
19.0 |
20.0 |
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August 29 |
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GDP - Q2 (p) |
4.0% |
4.1 |
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GDP Price Deflator |
3.0 |
3.0 |
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Pending Home Sales Index - July |
107.0 |
106.9 |
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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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