This Week: Houses, Cars And Jobs

|
Posted: Jul 30, 2018 11:19 AM
This Week: Houses, Cars And Jobs

Here are my forecasts for upcoming economic data.




Forecast

Prior Observation

Consensus

Week of July 30




July 30




Pending Home Sale Index - June

106.6

105.9

106.7

Dallas Fed Manufacturing Index

30.0

36.5

32





July 31




Personal Income - June

0.4%

0.4

0.4

Personal Spending

0.5

0.3

0.4





Employment Cost Index - Q2

0.6%

0.8

0.7

Employment Cost Index - Y/Y

2.7

2.7






S&P Case/Shiller Index - May




Twenty City M/M

0.8%

0.8

0.8

Twenty City M/M - SA

0.3

0.2

0.4

Twenty City Y/Y

6.5

6.5

6.8





Chicago PMI - July

59.3

64.1

62.0

Consumer Confidence - July

127.2

126.4

126.9





August 1




Auto Sales* - July

17.3M

17.47

17.1

Car Sales

5.7

5.46


Truck Sales

11.6

12.01


*SAAR, as published by Motor Intelligence








ADP Employment Report - July

198K

177

172

PMI Manufacturing Index - July

55.4

55.4

55.5

ISM (Mfg) - July

59.5

60.2

59.4





Construction Spending - June

0.4%

0.4

0.3

FMOC

2.125

1.875






August 2




Initial Unemployment Claims

218K

217

218





Factory Orders - June

0.7%

0.4

0.8

Durable Goods Orders 

1.0

-0.4


Nondurable Goods Orders 

0.5

1.1






August 3




Nonfarm Payrolls - July

205K

213

188

Private

198

202

184

Manufacturing

20

36

15

Unemployment

3.9%

4.0

3.9

Average Workweek

34.4HR

34.4

34.5

Average Hourly Earnings

0.2%

0.2

0.3





International Trade - June

-$46.5B

-45.6

-46.2





PMI Services Index

56.5

56.5

56.2

ISM Services - July

58.5

59.1

58.8





Week of August 6




August 7




JOLTS - June

6.750M

6.638


Consumer Credit - June

$16.5K

24.6






August 9




Initial Unemployment Claims








Producer Price Index - July

0.2%

0.3


PPI less food energy and trade services

0.2

0.3






Wholesale Inventories

0.0%

0






August 10




Consumer Price Index - July

0.2%

0.1


CPI Core

0.2

0.2






Treasury Budget - July

-73.5B

-74.9