Economic Data Forecasts For The Weeks Of May 24 & 31 -

Economic Data Forecasts For The Weeks Of May 24 & 31

Jun 23, 2024Jeremy ParkinsonFinance, No picture0

Here are my forecasts for upcoming economic data. Forecast Prior Observation Week of June 24 June 24 Dallas Fed Index -14.5 -19.4 June 25 Chicago Fed National Activity Index – May -0.25 -0.23 S&P Case/Shiller Index – April Twenty City M/M 1.2% 1.6 Twenty City M/M – SA 0.3 0.3 Twenty City Y/Y 7.0 7.4 FHFA Home Price Index – April 0.5% 0.1 Consumer Confidence 100.0 102.0 Richmond Fed Manufacturing Index -3.0 0 June 26 New Home Sales – May 650K 634 June 27 Durable Goods Orders – May 0.4% 0.6 International Trade in Goods – May -96.4 99.4 Wholesale Inventories – May (a) 0.1% 0.1 GDP – Q1 (f) 1.3% 1.3 Pending Home Sales Index – May 75.3 72.3 June 28 Personal Income – May 0.4% 0.3 Personal Spending 0.4 0.2 Chicago PMI – June 40.0 35.4 Michigan Consumer Sentiment Index – June (r) 65.8 65.6 Week of July 1 July 1 ISM (Mfg) – June 49.0 48.7 Construction Spending – May -0.1 July 2 JOLTS – May 7.900 8.059 Auto Sales* – June 16.0K 15.9 Car Sales 3.0 3.0 Truck Sales 13.0 12.8 July 3 ADP Employment Report – June 160K 152 International Trade – May -70.6 -74.6 ISM Services – June 52.0 53.8 Factory Orders – May 0.4% 0.7 Durable Goods Orders 0.4 0.6 Nondurable Goods Orders 0.4 0.8 July 5 Nonfarm Payrolls – June 180K 272 Private 160 229 Manufacturing 10 8 Unemployment 4.0 4.0 Average Workweek 34.3 34.3 Average Hourly Earnings 0.3 0.4

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