Economic Data And Forecasts For The Weeks Of September 25 And October 2
Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
Consensus |
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Week of September 25 |
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September 25 |
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Chicago Fed National Manufacturing Index - August |
0.13 |
-0.01 |
0.11 |
|
Dallas Fed Manufacturing Index |
13.0 |
16.8 |
12.0 |
|
September 26 |
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S&P Case/Shiller Index - July |
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Twenty City M/M |
0.7% |
0.7 |
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Twenty City M/M - SA |
0.2 |
0.1 |
0.4 |
|
Twenty City Y/Y |
5.8 |
5.7 |
5.9 |
|
Third Quarter Twenty City Q/Q - SA |
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New Home Sales - August |
555K |
571 |
583 |
|
Consumer Confidence - September |
121.9 |
122.9 |
122.9 |
|
Richmond Fed Manufacturing Index |
14 |
14 |
13 |
|
September 27 |
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Durable Goods Sales - August |
1.5% |
-6.8 |
1.5 |
|
Pending Home Sale Index - Aug |
108.8 |
109.1 |
109.3 |
|
September 28 |
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Initial Unemployment Claims |
265K |
259 |
270 |
|
GDP - Q2 |
3.0% |
3.0 |
3.1 |
|
GDP Implicit Price Deflator |
1.0 |
1.0 |
1.0 |
|
International Trade in Goods - August |
$65.1B |
65.1 |
65.7 |
|
Kansas City Fed Manufacturing Index |
10 |
10 |
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September 29 |
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Personal Income - August |
0.3% |
0.4 |
0.3 |
|
Personal Spending |
0.1 |
0.3 |
0.1 |
|
Chicago PMI - September |
58.4 |
58.9 |
58.6 |
|
Michigan Consumer Sentiment - Sept (r) |
95.3 |
95.3 |
95.3 |
|
Week of October 2 |
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October 2 |
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ISM (Mfg) - Sept |
57.0 |
58.8 |
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Construction Spending - August |
-0.1% |
-0.6 |
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October 3 |
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Auto Sales* - September |
16.3K |
16.1 |
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Car Sales |
6.1 |
6.0 |
||
Truck Sales |
10.3 |
10.1 |
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*SAAR, as published by Motor Intelligence |
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October 4 |
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ADP Employment Report - September |
100K |
237 |
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ISM Services - September |
55.6 |
55.3 |
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October 5 |
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International Trade - August |
-$44.0B |
-43.7 |
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Factory Orders - August |
0.9% |
-3.3 |
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Durable Goods Orders |
1.5 |
-6.8 |
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Nondurable Goods Orders |
0.3 |
0.4 |
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October 6 |
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Nonfarm Payrolls - September |
110K |
156 |
||
Private |
100 |
165 |
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Manufacturing |
-10 |
36 |
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Unemployment |
4.4% |
4.4 |
||
Average Workweek |
34.4HR |
34.4 |
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Average Hourly Earnings |
0.2% |
0.1 |
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*Core Private equals Private less Medical, Social Assistance, and Temp Services |
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Wholesale Inventories - August |
0.3% |
0.6 |
||
Consumer Credit - August |
$18.0B |
18.5 |
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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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