Economic Data Forecasts For The Weeks Of May 20 & 27 -

Economic Data Forecasts For The Weeks Of May 20 & 27

May 19, 2024Jeremy ParkinsonFinance, No picture0

Here are my projections for upcoming economic data.

Forecast Prior Observation Week of May 20 May 22 Existing Home Sales – April 4.100M 4.190 May 23 Chicago Fed National Activity Index – April 0.15 0.15 PMI Manufacturing Flash Index – May 51.0 50.0 PMI Services Flash 52.3 51.3 New Home Sales – April 675K 693 May 24 Durable Goods Sales – April 1.0% 2.6 Michigan Consumer Sentiment Index – May (r) 67.8 67.4 Week of May 27 May 28 S&P Case/Shiller Index – March Twenty City M/M 1.5% 0.9 Twenty City M/M – SA 0.3 0.6 Twenty City Y/Y 7.3 7.3 FHFA Housing Price Index – March 0.5% 1.2 Consumer Confidence 97.0 97.0 Dallas Fed Manufacturing Survey 14.5 -14.5 May 29 Richmond Fed Index -7 -7 May 30 Initial Jobless Claims International Trade in Goods – April -$92.3B -91.8 Wholesale Inventories – April (a) -0.1% -0.4 GDP – Q1(p) 2.6% 1.6 Pending Home Sale Index – April 77.8 78.2 May 31 Personal Income – April 0.3% 0.5 Personal Spending 0.5 0.8 Chicago PMI – May 40.0 37.9

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