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

Date : 01/28/2020 @ 3:29PM
Source : Dow Jones News

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

The following are forecasts for this week's remaining 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.

Forecasts were last updated Monday afternoon.

 
DATE      TIME  RELEASE                    PERIOD     CONSENSUS    PREVIOUS 
          (ET) 
Wednesday 1000  Pending Home Sales          Dec      +1.0%   (10)  +1.2% 
Thursday  0830  Jobless Claims              Jan 25    215K   (16)   211K 
          0830  Real GDP (1st Reading)      4Q       +2.1%   (23)  +2.1%* 
          0830  GDP Prices (1st Reading)    4Q       +1.9%   (10)  +1.8%* 
Friday    0830  Personal Income             Dec      +0.3%   (21)  +0.5% 
          0830  Consumer Spending           Dec      +0.3%   (21)  +0.4% 
          0830  Core PCE Prices M/M         Dec      +0.2%   (22)  +0.1% 
          0830  Core PCE Prices Y/Y         Dec      +1.6%   (11)  +1.6% 
          0830  Employment Cost Index       4Q       +0.7%   (20)  +0.7% 
          0945  Chicago PMI                 Jan       48.5   (9)    48.9 
          1000  Consumer Sentiment          Jan       99.1   (18)   99.1** 
                  (Final) 
 
*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 28, 2020 10:14 ET (15:14 GMT)

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


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