Peter Morici

Here are Professor Peter Morici's forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of July 28

July 28

Pending Home Sale Index - June

103.3

103.9

104.2

Dallas Fed Manufacturing Index

13.0

11.4

12.0

July 29

S&P Case/Shiller Index - May

Twenty City Y/Y

9.9

10.8

9.9

Consumer Confidence - July

85.5

85.2

85.5

July 30

ADP Employment Report - July

236K

281

235

GDP - Q2 (a)

2.7%

-1.0

3.1

GDP Implicit Price Deflator

1.8

1.3

2.0

July 31

Initial Unemployment Claims

300K

284

305

Employment Cost Index - Q2

0.5%

0.3

0.5

Employment Cost Index - Y/Y

1.9

1.8


Peter Morici

Professor Peter Morici is a recognized expert on economic policy and international economics. He has lectured and offered executive programs at more than 100 institutions including Columbia University, the Harvard Business School and Oxford University.