Here are my forecasts for upcoming economic data |
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Forecast |
Prior |
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Observation |
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Week of June 3 |
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June 3 |
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PMI Manufacturing Index – May |
50.9 |
50.9 |
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ISM (Mfg) – May |
50.0 |
49.2 |
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Construction Spending – April |
0.2% |
-0.2 |
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Auto Sales – May |
15.7M |
15.7 |
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Car Sales |
3.0 |
3.1 |
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Truck Sales |
12.7 |
12.7 |
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June 4 |
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Factory Orders – April |
0.7% |
1.6 |
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Durable Goods Orders |
0.7 |
2.6 |
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Nondurable Goods Orders |
0.6 |
0.6 |
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JOLTS – April |
8.300M |
8.488 |
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June 5 |
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ADP Employment Report |
167K |
192 |
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PMI Services Index |
54.8 |
54.8 |
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ISM Services – May |
50.0 |
49.4 |
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June 6 |
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International Trade – April |
-$69.0B |
-69.4 |
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Productivity – Q1 (r) |
0.3% |
0.3 |
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Unit Labor Costs |
4.7 |
4.7 |
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June 7 |
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Nonfarm Payrolls – May |
180K |
175 |
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Private |
155 |
167 |
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Manufacturing |
10 |
8 |
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Unemployment |
3.9% |
3.9 |
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Average Workweek |
34.3 |
34.3 |
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Average Hourly Earnings |
0.4% |
0.2 |
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Consumer Credit – April |
$14.0B |
6.3 |
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Week of June 10 |
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June 10 |
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June 11 |
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NFIB Small Business Optimism Index – May |
89.7 |
89.7 |
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June 12 |
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Consumer Price Index – May |
0.1% |
0.3 |
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Core CPI |
0.3 |
0.3 |
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FOMC |
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Treasury Budget – May |
-$203.00 |
209.5 |
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June 13 |
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Initial Unemployment Claims |
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Producer Price Index – May |
0.1% |
0.5 |
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PPI Core |
0.3 |
0.4 |
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June 14 |
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Export Prices – May |
-0.2% |
0.5 |
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Import Prices |
-0.2 |
0.9 |
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Import Prices, ex-Petroleum |
0.2 |
0.7 |
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Michigan Consumer Sentiment – June (p) |
73.0 |
69.1 |
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More By This Author:Economic Data Forecasts For The Weeks Of May 27 & June 3
Economic Data Forecasts For The Weeks Of May 20 & 27
Economic Data Forecasts For The Weeks Of May 6 & 13