Economic Data Forecasts For The Weeks Of April 29 & May 6 -

Economic Data Forecasts For The Weeks Of April 29 & May 6

Apr 28, 2024Jeremy ParkinsonFinance, No picture0

Here are my forecasts for upcoming economic data.

Forecast Prior Observation Week of April 29 April 29 Dallas Fed Manufacturing Survey -11.3 -14.4 April 30 Employment Cost Index – Q1 0.9% 0.9 Employment Cost Index – Y/Y 3.9 4.2 S&P Case/Shiller Index – February Twenty City M/M 0.3% -0.1 Twenty City M/M – SA 0.0 0.1 Twenty City Y/Y 6.7 6.6 FHFA Housing Price Index – February 0.1% -0.1 Chicago PMI – April 47 41.4 Consumer Confidence 104.7 104.7 May 1 ADP Employment Report – April 210K 184 PMI Manufacturing Index – April 49.9 49.9 ISM (Mfg) – April 49.5 50.3 Construction Spending – March 0.7% -0.3 JOLTS -March 8.700M 8.756 Auto Sales – April 15.7K 15.5 Car Sales 3.0 3.1 Truck Sales 12.7 12.5 FMOC 5.375% 5.375 May 2 Productivity – Q1 (p) 1.8% 3.2 Unit Labor Costs 2.0 0.4 International Trade in Goods – March -$66.8B -68.9 Factory Orders – March 1.6% 1.4 Durable Goods Orders 2.5 1.3 Nondurable Goods Orders 0.6 1.4 May 3 Nonfarm Payrolls – April 250K 303 Private 210 232 Manufacturing 12 0 Unemployment 3.80% 3.8 Average Workweek 34.4HR 34.4 Average Hourly Earnings 0.4% 0.3 PMI Services Index 50.9 50.9 ISM Services – April 52.0 51.4 Week of May 6 May 7 Consumer Credit – March 15.5 14.1 May 10 Treasury Budget – April $270.0B -236

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