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Forecast For Economic Numbers Week of June 30th, 2014 |
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Forecast |
Prior Observation
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Consensus
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Week of June 30 |
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June 30 |
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Pending Home Sale Index - May |
99.2 |
97.8 |
98.7 |
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Chicago PMI - June |
64.0 |
65.5 |
64.0 |
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July 1 |
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Auto Sales* - June |
16.46M |
16.77 |
16.40 |
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Car Sales |
7.87 |
8.04 |
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Truck Sales |
8.59 |
8.73 |
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*SAAR, as published by Motor Intelligence |
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PMI Manufacturing Index - June |
57.5 |
57.5 |
57.0 |
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ISM (Mfg) - June |
56.2 |
55.4 |
55.6 |
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ISM Prices |
60.5 |
60.0 |
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Construction Spending - May |
0.4% |
0.2 |
0.5 |
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July 2 |
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ADP Employment Report - July |
215 |
179 |
213 |
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Factory Orders - May |
-0.2% |
0.7 |
-0.3 |
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Durable Goods Orders |
-1.0 |
0.6 |
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Nondurable Goods Orders |
0.5 |
0.7 |
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July 3 |
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Nonfarm Payrolls - June |
220K |
217 |
217 |
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Private |
220 |
216 |
216 |
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Core Private* |
185 |
147 |
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Manufacturing |
10 |
10 |
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Unemployment |
6.3% |
6.3 |
6.3 |
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Average Workweek |
34.5Hr |
34.5 |
34.5 |
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Average Hourly Earnings |
0.2% |
0.2 |
0.2 |
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*Core Private equals Private less Medical, Social Assistance, and Temp Services |
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International Trade - May |
-$44.7B |
-47.2 |
-45.1 |
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Initial Jobless Claims |
312 |
312 |
314 |
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ISM Services - June |
56.2 |
56.3 |
56.2 |
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ISM Prices |
61.4 |
61.4 |
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ISM Business Activity |
62.1 |
62.1 |
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Week of July 7 |
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July 8 |
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NFIB Small Business Optimism Index - June |
96.6 |
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JOLTS - May |
4.455 |
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Consumer Credit - May |
$18.0 |
26.8 |
20.6 |
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July 10 |
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Initial Unemployment Claims |
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Wholesale Inventories - May |
0.6% |
1.1 |
0.8 |
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Wholesale Sales |
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July 11 |
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Treasury Budget - June |
$100.0B |
-131.0 |
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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. |