4Q GDP Growth Seen at 2.1% -- Data Week Ahead

Date : 01/24/2020 @ 6:30PM
Source : Dow Jones News

4Q GDP Growth Seen at 2.1% -- Data Week Ahead

The following are forecasts for next week's U.S. data from a survey compiled by The Wall Street Journal.

The FOMC announcement is scheduled for Wednesday at 2:00 p.m. ET, followed by a press conference with Fed Chairman Jerome Powell at 2:30 p.m. ET.

 
DATE      TIME  RELEASE                    PERIOD     CONSENSUS    PREVIOUS 
          (ET) 
Monday    1000  New Home Sales              Dec       730K   (13)   719K 
                  -- percent change         Dec      +1.5%         +1.3% 
          1030  Dallas Fed Mfg Svy          Jan       N/A          -3.2 
Tuesday   0830  Durable Goods Orders        Dec      +0.2%   (12)  -2.1%* 
          0900  S&P/Case-Shiller 20-City    Nov       N/A          +2.2% 
                  HPI Y/Y 
          1000  Consumer Confidence         Jan       128.3  (12)   126.5 
          1000  Richmond Fed Svy            Jan       N/A          -5 
Wednesday 1000  Pending Home Sales          Dec      +1.0%   (5)   +1.2% 
Thursday  0830  Jobless Claims              Jan 25    218K   (6)    211K 
          0830  Real GDP (1st Reading)      4Q       +2.1%   (13)  +2.1%** 
          0830  GDP Prices (1st Reading)    4Q       +1.8%   (7)   +1.8%** 
Friday    0830  Personal Income             Dec      +0.3%   (11)  +0.5% 
          0830  Consumer Spending           Dec      +0.3%   (11)  +0.4% 
          0830  Core PCE Prices M/M         Dec      +0.2%   (13)  +0.1% 
          0830  Core PCE Prices Y/Y         Dec      +1.6%   (6)   +1.6% 
          0830  Employment Cost Index       4Q       +0.7%   (13)  +0.7% 
          0945  Chicago PMI                 Jan       48.5   (5)    48.9 
          1000  Consumer Sentiment          Jan       99.1   (7)    99.1*** 
                  (Final) 
 
*Revised Figure 
**3Q 3rd Reading 
***Jan Prelim Reading 
 
 
(Figures in parentheses refer to number of economists surveyed.) 
 

Write to Donna Huneke at dataweekahead@wsj.com

 

(END) Dow Jones Newswires

January 24, 2020 13:15 ET (18:15 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.


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