Summary of Projections versus actuals for economic data released this week

This is a summary of the economic data released this week along with what the expectations were for this data.


Monday, July 26th
10:00am EST. New Home Sales for June. Forecast is 295K and the prior month reading was 300K.
Actuals: 330K

Tuesday, July 27th
10:00am EST. Consumer Confidence for July. Forecast is 51.0 and the prior month was 52.9.
Actuals: 50.4

Wednesday, July 28th
8:30am EST. Durable Goods Orders for June. Forecast is +1.0% and the prior month was -0.6%
8:30am EST. Durable Goods orders ex Transportation. Forecast is +0.5% and prior month was +1.6%
2:00pm EST Fed's Beige Book.
Actuals: Durable Goods -1.0%
Actuals: Durable Goods ex Transports -0.6%

Thursday, July 29th
8:30am EST. Initial Jobless Claims. Forecast is for 450K and the prior week was 464K.
8:30am EST. Continuing Claims. Forecast is for 4.550 Million and prior week was 4.487 Million
2:00pm EST. Fed's Beige Book.
Actuals: Initial Claims 475K
Actuals: Continuing Claims 4.565 Million

Friday, July 30th
8:30am EST. GDP for Q2. Forecast is for 3.0% and Prior was 2.7%. Market is expecting 2.5%.
8:30am EST. Chain Deflator for Q2. Forecast is 0.7% and prior period was 1.1%
8:30am EST. Employment Cost Index for Q2. Forecast is 0.5% and prior period was 0.6%
9:45am EST. Chicago PMI for July. Forecast is for 58.5 and prior month was 59.1
9:55am EST. Univ. of Michigan Sentiment for July. Forecast is 67.5 and prior month was 66.5
Actuals: GDP 2.4%
Actuals: Chain Deflator 1.8%

The remaining data will be added as it becomes available today on Univ. of Michigan Consumer Confidence.

UPDATE:
Actuals: Chicago PMI 62.3
Actuals: Univ. of Michigan Sentiment 67.8