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OPINION

Forecasts for the Weeks of October 27 and November 3

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Here are my forecasts for upcoming economic data.
ForecastForecastPrior ObservationConsensus
Week of October 27
October 27
Pending Home Sale Index - September105.1104.7105.6
Dallas Fed Manufacturing Index810.87.5
October 28
Durable Goods Sales - September0.1%-18.20.9
S&P Case/Shiller Index - August
Twenty City M/M0.4%0.60.4
Twenty City M/M - SA0.1-0.50.1
Twenty City Y/Y5.86.75.8
Consumer Confidence86.586.086.8
Richmond Fed Manufacturing Index10.014.010.0
October 29
FMOC
October 30
Initial Unemployment Claims283283280
GDP - Q3 (a)2.8%4.63.0
GDP Implicit Price Deflator1.42.11.4
October 31
Personal Income - September0.4%0.30.3
Personal Spending0.10.50.1
Employment Cost Index - Q30.4%0.70.5
Employment Cost Index - Y/Y2.02.0
Chicago PMI60.060.560.5
Michigan Consumer Sentiment Index - October (r)86.486.486.4
Week of November 3
November 3
Auto Sales* - October16.75M16.4416.60
Car Sales7.957.75
Truck Sales8.808.69
*SAAR, as published by Motor Intelligence
ISM (Mfg) - October56.656.656.8
ISM Prices5859.557

Construction Spending - September
.5%-0.80.5
November 4
Internation Trade - September-$41.6-40.1-40.0
Factory Orders - September0.2%-10.10.5
November 5
ADP Employment Report - October205K213220
ISM Services - October57.658.658.1
November 6
Initial Unemployment Claims
Productivity - Q3 (p)0.5%2.30.7
Unit Labor Costs1.5-0.1
November 7
Nonfarm Payrolls - October215K248233
Private205236225
Manufacturing548
Unemployment5.9%5.95.9
Average Workweek34.6HR34.634.6
Average Hourly Earnings0.2%0.00.2
*Core Private equals Private less Medical, Social Assistance, and Temp Services
Consumer Credit - September$20.0B13.515.7
Michigan Consumer Sentiment (p)
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