OPINION

Forecasts for the Weeks of September 29 and October 6

Peter Morici
Peter Morici  |  Sep 29, 2014
The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Forecast Prior Observation Consensus
Week of September 29
September 29
Personal Income - August 0.4% 0.2 0.3
Personal Spending 0.5 -0.1 0.5
Dallas Fed Manufacturing Index 11.0 7.1 10.3
Pending Home Sale Index - Aug 105.5 105.9 106.6
September 30
S&P Case/Shiller Index - July
Twenty City M/M 1.3% 1.0 1.1
Twenty City M/M - SA 0.2 -0.2 0.3
Twenty City Y/Y 7.5 8.1 7.5
Third Quarter Twenty City Q/Q - SA
Chicago PMI - September 60.0 64.3 62.0
Consumer Confidence - September 92.0 92.4 92.5
October 1
Auto Sales* - September 17.10M 17.53 16.80
*SAAR, as published by Motor Intelligence
ADP Employment Report - September 200K 204 200
PMI Manufacturing Index 57.9 57.9 58.0
ISM (Mfg) - Sept 58.3 59.0 58.0
ISM Prices 58.0 58.0 57.0
Construction Spending - August 0.3% 1.8 0.5
October 2
Initial Unemployment Claims 300K 298 297
Factory Orders - August -9.6% 10.5 -9.3
Durable Goods Orders -18.2 22.6
Nondurable Goods Orders 0.3 -0.9
October 3
Nonfarm Payrolls - September 205K 142 215
Private 200 134 215
Manufacturing 6 0 12
Unemployment 6.1% 6.1 6.1
Average Workweek 34.5HR 34.5 34.5
Average Hourly Earnings 0.2% 0.2 0.2
International Trade - August -$40.5B -40.5 -40.6
ISM Services - September 58.2 59.6 58.8
ISM Prices 57.7 57.7
ISM Business Activity 63.2 65.0 63.4
Week of October 6
October 7
Consumer Credit - August $21.0B 26.0 20.0
October 9
Wholesale Inventories - August 0.4% 0.1 0.3
Wholesale Sales
October 10
Export Prices -September 0.0% -0.5 -0.1
Import Prices -0.8 -0.9 -0.5
Import Prices, ex-Energy 0.0
Treasury Budget - September 70.4 -128.7
Peter Morici is a professor at the University of Maryland Smith School of Business, former Chief Economist at the U.S. International Trade Commission, and five-time winner of the MarketWatch best forecaster award.