Economic Data And Forecasts For The Weeks Of September 25 And October 2

Here are my forecasts for upcoming economic data.

     
 

Forecast

Prior Observation

Consensus

 

Week of September 25

       

September 25

       

Chicago Fed National Manufacturing Index - August

0.13

-0.01

0.11

 

Dallas Fed Manufacturing Index

13.0

16.8

12.0

 
         

September 26

       

S&P Case/Shiller Index - July

       

Twenty City M/M

0.7%

0.7

   

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

       
         

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

       

Durable Goods Sales - August

1.5%

-6.8

1.5

 

Pending Home Sale Index - Aug

108.8

109.1

109.3

 
         

September 28

       

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

   
         

September 29

       

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

       

October 2

       

ISM (Mfg) - Sept

57.0

58.8

   

Construction Spending - August

-0.1%

-0.6

   
         

October 3

       

Auto Sales* - September

16.3K

16.1

   

Car Sales

6.1

6.0

   

Truck Sales

10.3

10.1

   

*SAAR, as published by Motor Intelligence

       
         

October 4

       

ADP Employment Report - September

100K

237

   
         

ISM Services - September

55.6

55.3

   
         

October 5

       

International Trade - August

-$44.0B

-43.7

   
         

Factory Orders - August

0.9%

-3.3

   

Durable Goods Orders

1.5

-6.8

   

Nondurable Goods Orders

0.3

0.4

   
         

October 6

       

Nonfarm Payrolls - September

110K

156

   

Private

100

165

   

Manufacturing

-10

36

   

Unemployment

4.4%

4.4

   

Average Workweek

34.4HR

34.4

   

Average Hourly Earnings

0.2%

0.1

   

*Core Private equals Private less Medical, Social Assistance, and Temp Services

   
         

Wholesale Inventories - August

0.3%

0.6

   

Consumer Credit - August

$18.0B

18.5

   
   

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.