Forecast

Prior Observation

Consensus

Week of June 25

June 25

Chicago Fed National Activity Index - May

0.40

0.34

0.37

New Home Sales - May

667K

662

665

Dallas Fed General Business Activity

26.8

26.8

37.0

June 26

S&P Case/Shiller Index - April

Twenty City M/M

0.8%

1.0

0.8

Twenty City M/M - SA

0.3

0.5

0.5

Twenty City Y/Y

6.6

6.8

6.8

Consumer Confidence

128.0

128.0

128.1

Richmond Fed Manufacturing Index

16

16

16

June 27

Durable Goods Orders - May

-0.8%

-1.6

-0.6

International Trade in Goods - May

-$69.8B

-68.2

-69.0

Wholesale Inventories - May (a)

0.3%

0.1

0.3

Pending Home Sales Index - May

107.1

106.4

107.1

June 28

GDP - Q1 (f)

2.2%

2.2

2.2

GDP Implicit Price Deflator

1.9

1.9

Initial Jobless Claims

222K

218

220

Kansas City Fed Manufacturing Index

25

29

June 29

Personal Income - May

0.4%

0.3

0.4

Personal Spending

0.4

0.6

0.4

Chicago PMI - June

60.1

62.7

60.0

Michigan Consumer Sentiment Index - June (r)

99.3

99.3

99.2

Week of July 2

July 2

PMI Manufacturing Index - June

54.6

54.6

ISM (Mfg) - June

58.0

58.7

Construction Spending - May

0.5%

1.8

July 3

Auto Sales* - June

17.1M

16.91

Car Sales

5.5

5.44

Truck Sales

11.6

11.48

*SAAR, as published by Motor Intelligence

July 5

ADP Employment Report - July

185K

178

Initial Unemployment Claims

222K

218

PMI Services Index

56.5

56.5

ISM Services - June

58.0

58.6

July 6

Nonfarm Payrolls - June

190K

223

Private

185

218

Manufacturing

18

18

Unemployment

3.8%

3.8

Average Workweek

34.5HR

34.5

Average Hourly Earnings

0.2%

0.3

International Trade - May

-$47.0B

-46.2