Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
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Week of February 3 |
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February 3 |
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PMI Manufacturing Index – January |
50.1 |
50.1 |
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ISM (Mfg) – January |
48.3% |
49.3 |
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ISM Prices |
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Auto Sales – January |
16.6M |
16.8 |
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Car Sales |
3.1 |
3.0 |
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Truck Sales |
13.5 |
13.9 |
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February 4 |
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Factory Orders – December |
-0.9% |
-0.4 |
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Durable Goods Orders |
-2.2 |
-1.2 |
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Nondurable Goods Orders |
0.5 |
0.4 |
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JOLTS – December |
8.000M |
8.098 |
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February 5 |
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ADP Employment Survey – January |
155K |
122 |
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International Trade – December |
-$87.4B |
-78.2 |
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PMI Services Index – January |
52.8 |
52.8 |
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ISM Services – January |
55.1 |
54.1 |
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February 6 |
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Productivity – Q(4) – preliminary |
2.0% |
2.2 |
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Unit Labor Cost |
4.2 |
0.8 |
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Initial Unemployment Claims |
215K |
207 |
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February 7 |
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Nonfarm Payrolls – January |
180K |
256 |
|
Private |
165 |
223 |
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Manufacturing |
5.0 |
-13 |
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Unemployment |
4.1% |
4.1 |
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Average Workweek |
34.3HR |
34.3 |
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Average Hourly Earnings |
0.3% |
0.3 |
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Michigan Consumer Sentiment – February (p) |
72.0 |
71.1 |
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Wholesale Inventories (f) |
-0.5% |
-0.5 |
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Consumer Credit – December |
$12.5B |
-7.5 |
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Week of February 10 |
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February 11 |
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NFIB Small Business Optimism Index – January |
103.5 |
105.1 |
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February 12 |
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Consumer Price Index – January |
0.3% |
0.4 |
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Core CPI |
0.3 |
0.2 |
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Treasury Budget – January |
-$45.5B |
-86.7 |
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February 13 |
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Producer Price Index – January |
0.3% |
0.2 |
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PPI less food, energy and trade services |
0.2 |
0.1 |
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February 14 |
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Retail Sales – January |
0.4% |
0.4 |
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Retail Sales, ex Autos |
0.4 |
0.4 |
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Retail Sales, ex Autos and Gas |
0.3 |
0.3 |
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Export Prices – January |
0.3% |
0.3 |
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Import Prices |
0.4 |
0.1 |
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Import Prices, Ex-Petroleum |
-0.1 |
0.2 |
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Industrial Production – January |
0.2% |
0.9 |
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Manufacturing Output |
0.0 |
0.6 |
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Capacity Utilization |
77.6 |
77.6 |
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Business Inventories – December |
-0.1 |
0.1 |
More By This Author:Economic Data Forecasts For The Weeks Of Jan. 27 & Feb. 3Economic Data Forecasts For The Weeks Of Jan. 20 And 27, 2025Economic Data Forecasts For The Weeks Of Jan. 13 and 20, 2025
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