Economic Data Forecasts For The Weeks Of April 1 & 8 -

Economic Data Forecasts For The Weeks Of April 1 & 8

Apr 01, 2024Jeremy ParkinsonFinance, No picture0

Here are my forecasts for upcoming economic data: Forecast Prior Observation Week of April 1 April 1 PMI Manufacturing Index – March 52.5 52.5 ISM (Mfg) – March 47.8 47.8 Construction Spending – February 0.6% -0.2 April 2 Factory Orders – February 1.0% -3.6 Durable Goods Orders 1.4 Nondurable Goods Orders 0.6 JOLTS – February 8.829M 8.893 Auto Sales* – March 16.0K 15.8 Car Sales 3.1 3.2 Truck Sales 12.7 12.6 April 3 ADP Employment Report – March 155K 150 PMI Services Index – March 51.7 51.7 ISM Services – March 52.6 52.6 April 4 International Trade – February -$65.7B -67.4 April 5 Nonfarm Payrolls – March 180K 275 Private 155K 223 Manufacturing 10 -4 Unemployment 3.9% 3.9 Average Workweek 34.3HR 34.3 Average Hourly Earnings 0.4% 0.1 Consumer Credit – February $12.0B 19.5 Week of April 8 April 9 NFIB Small Business Optimism Index – March 90.0 89.4 April 10 Consumer Price Index – March 0.4% 0.4 Core CPI 0.3 0.4 Treasury Budget – March -$220.0B -296.3 April 11 Producer Price Index – March 0.3% 0.6 PPI less food, energy and trade services 0.2 0.4 April 12 Export Prices – March 0.1% 0.8 Import Prices 0.1 0.3 Import Prices, Ex-Petroleum 0.0 0.2

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