Economic Data And Forecasts For The Weeks Of October 2 And October 9
Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
Consensus |
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Week of October 2 |
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October 2 |
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PMI Manufacturing Index |
53.0 |
53.0 |
53.0 |
|
ISM (Mfg) - Sept |
57.5 |
58.8 |
58.0 |
|
Construction Spending - August |
0.1% |
-0.6 |
0.3 |
|
October 3 |
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Auto Sales* - September |
16.3K |
16.1 |
16.3 |
|
*SAAR, as published by Motor Intelligence |
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October 4 |
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ADP Employment Report - September |
100K |
237 |
150 |
|
PMI Services Index |
55.2 |
55.1 |
55.1 |
|
ISM Services - September |
55.6 |
55.3 |
55.4 |
|
October 5 |
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Initial Unemployment Claims |
260K |
272 |
265 |
|
International Trade - August |
-$42.5B |
-43.7 |
-42.5 |
|
October 6 |
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Nonfarm Payrolls - September |
108K |
156 |
95 |
|
Private |
120 |
165 |
117 |
|
Unemployment |
4.4% |
4.4 |
4.4 |
|
Average Workweek |
34.4HR |
34.4 |
34.4 |
|
Average Hourly Earnings |
0.2% |
0.1 |
0.3 |
|
*Core Private equals Private less Medical, Social Assistance, and Temp Services |
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Wholesale Inventories - August |
1.0% |
1.0 |
0.7 |
|
Consumer Credit - August |
$16.0B |
18.5 |
16.0 |
|
Week of October 9 |
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October 12 |
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Initial Unemployment Claims |
||||
Producer Price Index - September |
0.4% |
0.2 |
||
PPI Core (less food, energy and trade services) |
0.2 |
0.2 |
||
Treasury Budget - September |
-3.0B |
-107.7 |
||
October 13 |
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Consumer Price Index - September |
0.5% |
0.4 |
||
Core CPI |
0.2 |
0.2 |
||
Retail Sales - September |
0.7% |
-0.2 |
||
Retail Sales, ex Autos |
0.6 |
0.2 |
||
Retail Sales, ex Autos and Gas |
0.3 |
-0.1 |
||
Business Inventories - August |
0.2 |
|||
Michigan Consumer Sentiment - October (p) |
95.6 |
95.1 |
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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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