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Thursday April 18 2024 Actual Previous Consensus Forecast
01:30 AM
AU
Employment Change MAR -6.6K 117.6K ® 7.2K -20.0K
01:30 AM
AU
Full Time Employment Chg MAR 27.9K 79.4K ®
01:30 AM
AU
Part Time Employment Chg MAR -34.5K 38.2K ®
01:30 AM
AU
RBA Bulletin
01:30 AM
AU
Unemployment Rate MAR 3.8% 3.7% 3.9% 4.0%
01:30 AM
AU
Participation Rate MAR 66.6% 66.7% 66.5%
01:30 AM
JP
BoJ Noguchi Speech
03:35 AM
JP
52-Week Bill Auction 0.1657% 0.1051%
05:00 AM
JP
Tertiary Industry Index MoM FEB 1.5% -0.5% ® 0.8% 0.2%
05:00 AM
SG
1-Year T-Bill Auction 3.58% 3.45%
06:00 AM
EU
New Car Registrations YoY MAR -5.2% 10.1% -6%
07:15 AM
EA
ECB Guindos Speech
08:00 AM
EA
Current Account FEB €31.6B €24.8B ® €32.0B
08:00 AM
EA
Current Account s.a FEB €29.5B €39.3B ® €45.2B €40.0B
08:40 AM
ES
10-Year Obligacion Auction 3.251% 3.19%
08:40 AM
ES
3-Year Bonos Auction 2.986% 2.896%
09:00 AM
EA
Construction Output YoY FEB -0.4% -0.3% ® 1.1%
09:00 AM
FR
3-Year OAT Auction 2.85% 2.71%
09:00 AM
FR
5-Year OAT Auction 2.83% 2.64%
09:00 AM
IT
Current Account FEB €2306M €-1128M ® €-650.0M
11:00 AM
ZA
Building Permits YoY FEB -14.7% -18.0%
11:30 AM
TR
Foreign Exchange Reserves APR/12
12:30 PM
US
Initial Jobless Claims APR/13 211K 215K 212.0K
12:30 PM
US
Philadelphia Fed Manufacturing Index APR 3.2 1.5 1
12:30 PM
US
Continuing Jobless Claims APR/06 1817K 1820.0K
12:30 PM
US
Jobless Claims 4-week Average APR/13 214.25K 214.25K
12:30 PM
US
Philly Fed Business Conditions APR 38.6
12:30 PM
US
Philly Fed CAPEX Index APR 23.60
12:30 PM
US
Philly Fed Employment APR -9.6
12:30 PM
US
Philly Fed New Orders APR 5.4
12:30 PM
US
Philly Fed Prices Paid APR 3.70
01:05 PM
US
Fed Bowman Speech
01:15 PM
US
Fed Williams Speech
02:00 PM
US
Existing Home Sales MAR 4.38M 4.2M 4.28M
02:00 PM
US
Existing Home Sales MoM MAR 9.5% -2.2%
02:00 PM
US
CB Leading Index MoM MAR 0.1% -0.1% 0.1%
02:30 PM
US
EIA Natural Gas Stocks Change APR/12 24Bcf 54Bcf
03:00 PM
US
Fed Bostic Speech
03:30 PM
US
4-Week Bill Auction 5.270%
03:30 PM
US
8-Week Bill Auction 5.270%
04:00 PM
CA
10-Year Bond Auction 3.455%
04:00 PM
US
15-Year Mortgage Rate APR/17 6.16%
04:00 PM
US
30-Year Mortgage Rate APR/17 6.88%
05:00 PM
US
5-Year TIPS Auction 1.710%
07:00 PM
AR
Balance of Trade MAR $1438M -1037
09:45 PM
US
Fed Bostic Speech
11:30 PM
JP
Inflation Rate YoY MAR 2.8% 2.7% 2.8%
11:30 PM
JP
Core Inflation Rate YoY MAR 2.8% 2.7% 2.7%
11:30 PM
JP
Inflation Rate Ex-Food and Energy YoY MAR 3.2% 3.0%
11:30 PM
JP
Inflation Rate MoM MAR 0.0% 0.1%
EU
European Council Meeting
IF
IMF/World Bank Spring Meetings
IN
M3 Money Supply YoY APR/05 11.2%
TR
Foreign Exchange Reserves APR/05 $68.75B
Friday April 19 2024 Actual Previous Consensus Forecast
12:00 AM
IN
General Elections Starting Date
03:35 AM
JP
3-Month Bill Auction 0.0040%
06:00 AM
DE
PPI MoM MAR -0.4% 0% 0.4%
06:00 AM
DE
PPI YoY MAR -4.1% -4.2%
06:00 AM
GB
Retail Sales MoM MAR 0% 0.3% 0.2%
06:00 AM
GB
Retail Sales ex Fuel MoM MAR 0.2%
06:00 AM
GB
Retail Sales YoY MAR -0.4% 0.7%
06:00 AM
GB
Retail Sales ex Fuel YoY MAR -0.5%
08:00 AM
IT
Construction Output YoY FEB 14.8% 12.0%
08:00 AM
ES
Balance of Trade FEB €-3.7B
11:30 AM
IN
Bank Loan Growth YoY APR/05 20.2%
11:30 AM
IN
Deposit Growth YoY APR/05 13.5%
11:30 AM
IN
Foreign Exchange Reserves APR/12 $648.56B
12:00 PM
MX
Retail Sales MoM FEB -0.6% 0.3%
12:00 PM
MX
Retail Sales YoY FEB -0.8% -1.0%
02:15 PM
GB
BoE Breeden Speech
02:15 PM
GB
BoE Ramsden Speech
02:30 PM
US
Fed Goolsbee Speech
05:00 PM
US
Baker Hughes Oil Rig Count APR/19 506
05:00 PM
US
Baker Hughes Total Rigs Count APR/19 617
IF
IMF/World Bank Spring Meetings
IN
Passenger Vehicles Sales YoY MAR 9.5%
TR
Auto Production YoY MAR 19.2% 2.0%
ES
Consumer Confidence MAR 78.5 84
IN
Monetary Policy Meeting Minutes
TR
Central Government Debt MAR TRY7.238T TRY 7.5T
AR
Leading Indicator MoM MAR -4.81% -4.5%
Saturday April 20 2024 Actual Previous Consensus Forecast
IF
IMF/World Bank Spring Meetings
Monday April 22 2024 Actual Previous Consensus Forecast
01:15 AM
CN
Loan Prime Rate 1Y 3.45% 3.45%
01:15 AM
CN
Loan Prime Rate 5Y APR 3.95% 3.95%
04:00 AM
ID
Balance of Trade MAR $0.87B $ 1.5B
04:00 AM
ID
Exports YoY MAR -9.45%
04:00 AM
ID
Imports YoY MAR 15.84%
07:00 AM
TR
Consumer Confidence APR 79.4 79.3
09:00 AM
EA
Government Budget to GDP 2023 -3.6% -3.2%
09:00 AM
EA
Government Debt to GDP 2023 90.9% 88.0%
10:00 AM
GB
CBI Business Optimism Index Q2 -3 2
10:00 AM
GB
CBI Industrial Trends Orders APR -18 -16
12:00 PM
MX
Economic Activity MoM FEB -0.6% 0.2%
12:00 PM
MX
Economic Activity YoY FEB 2% 1.8%
12:30 PM
CA
New Housing Price Index MoM MAR 0.1% -0.3%
12:30 PM
CA
New Housing Price Index YoY MAR -0.4% -1.1%
12:30 PM
CA
PPI MoM MAR 0.7% 0.3%
12:30 PM
CA
PPI YoY MAR -1.7% -1.3%
12:30 PM
CA
Raw Materials Prices MoM MAR 2.1% 142.8%
12:30 PM
CA
Raw Materials Prices YoY MAR -4.7% 2%
12:30 PM
US
Chicago Fed National Activity Index MAR 0.05 0.09
01:00 PM
FR
12-Month BTF Auction 3.471%
01:00 PM
FR
3-Month BTF Auction 3.814%
01:00 PM
FR
6-Month BTF Auction 3.706%
02:00 PM
EA
Consumer Confidence Flash APR -14.9 -14.2
03:30 PM
US
3-Month Bill Auction 5.250%
03:30 PM
US
6-Month Bill Auction 5.155%
09:00 PM
KR
PPI MoM MAR 0.3% 0.2%
09:00 PM
KR
PPI YoY MAR 1.5% 1.8%
11:00 PM
AU
Judo Bank Manufacturing PMI Flash APR 47.3 47.9
11:00 PM
AU
Judo Bank Services PMI Flash APR 54.4 54
11:00 PM
AU
Judo Bank Composite PMI Flash APR 53.3 53.2
CN
FDI (YTD) YoY MAR -19.9% -25.0%
BR
BCB Focus Market Readout
Tuesday April 23 2024 Actual Previous Consensus Forecast
12:30 AM
JP
Jibun Bank Manufacturing PMI Flash APR 48.2 48.9
12:30 AM
JP
Jibun Bank Services PMI Flash APR 54.1 54
12:30 AM
JP
Jibun Bank Composite PMI Flash APR 51.7 52
03:35 AM
JP
2-Year JGB Auction 0.187%
05:00 AM
IN
HSBC Composite PMI Flash APR 61.8 61.6
05:00 AM
IN
HSBC Manufacturing PMI Flash APR 59.1 58.3
05:00 AM
IN
HSBC Services PMI Flash APR 61.2 61.4
05:00 AM
SG
Core Inflation Rate YoY MAR 3.6% 3.7%
05:00 AM
SG
Inflation Rate MoM MAR 1.0% 0.2%
05:00 AM
SG
Inflation Rate YoY MAR 3.4% 3.5%
06:00 AM
ZA
Leading Business Cycle Indicator MoM FEB -0.5%
06:00 AM
GB
Public Sector Net Borrowing MAR £-7.477B £-6.7B
06:00 AM
GB
Public Sector Net Borrowing Ex Banks MAR £-8.401B £-7.6B
07:15 AM
FR
HCOB Composite PMI Flash APR 48.3 49
07:15 AM
FR
HCOB Manufacturing PMI Flash APR 46.2 47
07:15 AM
FR
HCOB Services PMI Flash APR 48.3 49.1
07:30 AM
DE
HCOB Manufacturing PMI Flash APR 41.9
07:30 AM
DE
HCOB Composite PMI Flash APR 47.7
07:30 AM
DE
HCOB Services PMI Flash APR 50.1
08:00 AM
EA
HCOB Composite PMI Flash APR 50.3 50.5
08:00 AM
EA
HCOB Manufacturing PMI Flash APR 46.1 46.5
08:00 AM
EA
HCOB Services PMI Flash APR 51.5
08:30 AM
GB
S&P Global Composite PMI Flash APR 52.8 53
08:30 AM
GB
S&P Global Manufacturing PMI Flash APR 50.3
08:30 AM
GB
S&P Global Services PMI Flash APR 53.1
09:10 AM
IT
BTP Index-Linked Auction
09:10 AM
IT
BTP Short Term Auction
09:30 AM
DE
2-Year Schatz Auction 2.84%
12:55 PM
US
Redbook YoY APR/20 4.9%
01:45 PM
US
S&P Global Composite PMI Flash APR 52.1 52.2
01:45 PM
US
S&P Global Manufacturing PMI Flash APR 51.9 52
01:45 PM
US
S&P Global Services PMI Flash APR 51.7 51.8
02:00 PM
US
New Home Sales MAR 0.662M 0.68M
02:00 PM
US
New Home Sales MoM MAR -0.3% 2.7%
02:00 PM
US
Richmond Fed Manufacturing Index APR -11 -8
02:00 PM
US
Richmond Fed Manufacturing Shipments Index APR -14 -11
02:00 PM
US
Richmond Fed Services Index APR -7 -5
05:00 PM
US
2-Year Note Auction 4.595%
07:00 PM
AR
Economic Activity YoY FEB -4.3% -3.9%
08:30 PM
US
API Crude Oil Stock Change APR/19 4.090M
09:00 PM
KR
Consumer Confidence APR 100.7 100.5
SG
MAS 12-Week Bill Auction 3.83%
SG
MAS 4-Week Bill Auction 3.82%
US
Building Permits Final MAR 1.524M 1.458M 1.458M
US
Building Permits MoM Final MAR 2.3% -4.3%
Wednesday April 24 2024 Actual Previous Consensus Forecast
01:30 AM
AU
Inflation Rate YoY Q1 4.1% 3.4%
01:30 AM
AU
Inflation Rate QoQ Q1 0.6% 0.7%
01:30 AM
AU
Monthly CPI Indicator MAR 3.4% 3.2%
01:30 AM
AU
CPI Q1 136.1 137.1
01:30 AM
AU
RBA Trimmed Mean CPI QoQ Q1 0.8% 0.8%
01:30 AM
AU
RBA Trimmed Mean CPI YoY Q1 4.2% 3.8%
01:30 AM
AU
RBA Weighted Median CPI QoQ Q1 0.9% 0.8%
01:30 AM
AU
RBA Weighted Median CPI YoY Q1 4.4% 4.0%
06:00 AM
SA
Balance of Trade FEB SAR28.3B SAR33.0B
06:00 AM
SA
Exports FEB SAR94.9B
06:00 AM
SA
Imports FEB SAR66.7B
07:00 AM
TR
Business Confidence APR 104.4 104.3
07:00 AM
TR
Capacity Utilization APR 76.2% 76.2%
07:20 AM
ID
Loan Growth YoY MAR 11.28%
07:30 AM
ID
Interest Rate Decision 6% 6%
07:30 AM
ID
Deposit Facility Rate APR 5.25% 5.25%
07:30 AM
ID
Lending Facility Rate APR 6.75% 6.75%
08:00 AM
DE
Ifo Business Climate APR 87.8 88.9
08:00 AM
DE
Ifo Current Conditions APR 88.1 89.5
08:00 AM
DE
Ifo Expectations APR 87.5 88
08:00 AM
IT
Business Confidence APR 88.6
08:00 AM
IT
Consumer Confidence APR 96.5
09:10 AM
IT
6-Month BOT Auction 3.765%
09:30 AM
DE
10-Year Bund Auction 2.38%
11:00 AM
BR
FGV Consumer Confidence APR 91.3
11:00 AM
US
MBA 30-Year Mortgage Rate APR/19 7.13%
11:00 AM
US
MBA Mortgage Applications APR/19 3.3%
11:00 AM
US
MBA Mortgage Market Index APR/19 202.1
11:00 AM
US
MBA Mortgage Refinance Index APR/19 500.7
11:00 AM
US
MBA Purchase Index APR/19 145.6
12:00 PM
MX
Mid-month Core Inflation Rate MoM APR 0.33%
12:00 PM
MX
Mid-month Core Inflation Rate YoY APR 4.69%
12:00 PM
MX
Mid-month Inflation Rate MoM APR 0.27%
12:00 PM
MX
Mid-month Inflation Rate YoY APR 4.48%
12:30 PM
CA
Retail Sales Ex Autos MoM FEB 0.5%
12:30 PM
CA
Retail Sales MoM FEB -0.3% 0.1%
12:30 PM
CA
Retail Sales YoY FEB 0.9% 1.1%
12:30 PM
CA
Wholesale Sales MoM Prel MAR 0% 0.1%
12:30 PM
US
Durable Goods Orders MoM MAR 1.4% -1.2%
12:30 PM
US
Durable Goods Orders Ex Transp MoM MAR 0.5% 0.3%
12:30 PM
US
Durable Goods Orders ex Defense MoM MAR 2.2% 1.2%
12:30 PM
US
Non Defense Goods Orders Ex Air MAR 0.7% 0.1%
02:30 PM
US
EIA Crude Oil Stocks Change APR/19 2.735M
02:30 PM
US
EIA Gasoline Stocks Change APR/19 -1.154M
02:30 PM
US
EIA Crude Oil Imports Change APR/19 -1.991M
02:30 PM
US
EIA Cushing Crude Oil Stocks Change APR/19 0.033M
02:30 PM
US
EIA Distillate Fuel Production Change APR/19 -0.038M
02:30 PM
US
EIA Distillate Stocks Change APR/19 -2.76M
02:30 PM
US
EIA Gasoline Production Change APR/19 -0.025M
02:30 PM
US
EIA Heating Oil Stocks Change APR/19 -0.714M
02:30 PM
US
EIA Refinery Crude Runs Change APR/19 0.131M
02:30 PM
US
NY Fed Treasury Purchases 7 to 10 yrs $55 million
03:30 PM
US
17-Week Bill Auction
03:30 PM
US
2-Year FRN Auction
04:00 PM
RU
Corporate Profits FEB RUB23.8T
04:00 PM
RU
Industrial Production YoY MAR 8.5% 6.5%
05:00 PM
US
5-Year Note Auction 4.235%
07:00 PM
AR
Retail Sales YoY FEB 165.3% 160.0%
09:00 PM
KR
Business Confidence APR 71 71
11:00 PM
KR
GDP Growth Rate QoQ Adv Q1 0.6% 0.2%
11:00 PM
KR
GDP Growth Rate YoY Adv Q1 2.2% 2.6%
11:01 PM
GB
Car Production YoY MAR 14.6%
11:50 PM
JP
Foreign Bond Investment APR/20
11:50 PM
JP
Stock Investment by Foreigners APR/20
Thursday April 25 2024 Actual Previous Consensus Forecast
03:00 AM
ID
M2 Money Supply YoY MAR 5.3%
05:00 AM
JP
Coincident Index Final FEB 112.1 110.9
05:00 AM
JP
Leading Economic Index Final FEB 109.5 111.8 111.8
06:00 AM
DE
GfK Consumer Confidence MAY -27.4
06:45 AM
FR
Business Confidence APR 102 102
06:45 AM
FR
Business Climate Indicator APR 100 100
07:00 AM
ES
PPI YoY MAR -8.2% -7.0%
09:30 AM
ZA
PPI MoM MAR 0.5% 0.3%
09:30 AM
ZA
PPI YoY MAR 4.5% 5.2%
10:00 AM
FR
Unemployment Benefit Claims MAR -15.8K -10.0K
10:00 AM
FR
Jobseekers Total MAR 2811.9K 2801.9K
10:00 AM
GB
CBI Distributive Trades APR 2 -12
11:00 AM
TR
TCMB Interest Rate Decision 50% 50%
11:00 AM
TR
Overnight Borrowing Rate APR 48.5% 48.5%
11:00 AM
TR
Overnight Lending Rate APR 51.5% 51.5%
11:30 AM
BR
Current Account MAR $-4.373B $ -0.68B
11:30 AM
BR
Foreign Direct Investment MAR $5.01B $ 8B
11:30 AM
TR
Foreign Exchange Reserves APR/19
12:30 PM
CA
Average Weekly Earnings YoY FEB 3.9%
12:30 PM
US
GDP Growth Rate QoQ Adv Q1 3.4% 2.8%
12:30 PM
US
GDP Price Index QoQ Adv Q1 1.7% 1.9%
12:30 PM
US
Goods Trade Balance Adv MAR $-91.84B $-89.0B
12:30 PM
US
Initial Jobless Claims APR/20
12:30 PM
US
Retail Inventories Ex Autos MoM Adv MAR 0.4% 0.3%
12:30 PM
US
Wholesale Inventories MoM Adv MAR 0.5% 0.3%
12:30 PM
US
Continuing Jobless Claims APR/13
12:30 PM
US
Core PCE Prices QoQ Adv Q1 2% 2%
12:30 PM
US
GDP Sales QoQ Adv Q1 3.9% 3.1%
12:30 PM
US
Jobless Claims 4-week Average APR/20
12:30 PM
US
PCE Prices QoQ Adv Q1 1.8% 2%
12:30 PM
US
Real Consumer Spending QoQ Adv Q1 3.3% 2.8%
02:00 PM
AR
Consumer Confidence APR 36.68 37
02:00 PM
US
Pending Home Sales MoM MAR 1.6% 0.9%
02:00 PM
US
Pending Home Sales YoY MAR -7% -4.0%
02:30 PM
US
EIA Natural Gas Stocks Change APR/19
03:00 PM
US
Kansas Fed Composite Index APR -7 -5
03:00 PM
US
Kansas Fed Manufacturing Index APR -9 -7
03:30 PM
US
4-Week Bill Auction
03:30 PM
US
8-Week Bill Auction
04:00 PM
CA
30-Year Bond Auction 3.246%
04:00 PM
US
15-Year Mortgage Rate APR/24
04:00 PM
US
30-Year Mortgage Rate APR/24
05:00 PM
US
7-Year Note Auction 4.185%
11:01 PM
GB
Gfk Consumer Confidence APR -21
11:30 PM
JP
Tokyo Core CPI YoY APR 2.4% 2.3%
11:30 PM
JP
Tokyo CPI Ex Food and Energy YoY APR 2.9% 2.8%
11:30 PM
JP
Tokyo CPI YoY APR 2.6% 2.6%
SG
6-Month T-Bill Auction 3.75%
BR
Federal Tax Revenues MAR BRL186.5B BRL 205.4B
Friday April 26 2024 Actual Previous Consensus Forecast
01:30 AM
AU
PPI QoQ Q1 0.9% 0.6%
01:30 AM
AU
Export Prices QoQ Q1 5.6% -0.3%
01:30 AM
AU
Import Prices QoQ Q1 1.1% -0.4%
01:30 AM
AU
PPI YoY Q1 4.1% 2.6%
04:00 AM
JP
BoJ Interest Rate Decision 0% 0.0%
04:00 AM
JP
BoJ Quarterly Outlook Report
05:00 AM
SG
Industrial Production MoM MAR 14.2% 0.6%
05:00 AM
SG
Industrial Production YoY MAR 3.8% 2.3%
06:45 AM
FR
Consumer Confidence APR 91 92
07:00 AM
ES
Unemployment Rate Q1 11.76% 12.1%
07:00 AM
ES
Retail Sales MoM MAR 0.5% 0.6%
07:00 AM
ES
Retail Sales YoY MAR 1.9% 0.8%
08:00 AM
EA
Loans to Companies YoY MAR 0.4%
08:00 AM
EA
Loans to Households YoY MAR 0.3% 0.1%
08:00 AM
EA
M3 Money Supply YoY MAR 0.4% 0.3%
10:30 AM
RU
Interest Rate Decision 16% 16.0%
11:00 AM
CA
CFIB Business Barometer APR 52.7
11:30 AM
BR
Bank Lending MoM MAR 0.2% 1.5%
11:30 AM
IN
Foreign Exchange Reserves APR/19
12:00 PM
BR
IPCA mid-month CPI MoM APR 0.36%
12:00 PM
BR
IPCA mid-month CPI YoY APR 4.14%
12:00 PM
MX
Balance of Trade MAR $-0.585B $ -2.9B
12:00 PM
MX
Unemployment Rate MAR 2.5% 3.20%
12:00 PM
RU
CBR Press Conference
12:30 PM
CA
Manufacturing Sales MoM Prel MAR 0.7% 0.1%
12:30 PM
US
Core PCE Price Index MoM MAR 0.3% 0.3%
12:30 PM
US
Personal Income MoM MAR 0.3% 0.4%
12:30 PM
US
Personal Spending MoM MAR 0.8% 0.3%
12:30 PM
US
PCE Price Index MoM MAR 0.3% 0.3%
12:30 PM
US
PCE Price Index YoY MAR 2.5% 2.6%
12:30 PM
US
Core PCE Price Index YoY MAR 2.8% 2.7%
02:00 PM
US
Michigan Consumer Sentiment Final APR 79.4 77.9 77.9
02:00 PM
US
Michigan 5 Year Inflation Expectations Final APR 2.8% 3.0%
02:00 PM
US
Michigan Consumer Expectations Final APR 77.4 77
02:00 PM
US
Michigan Current Conditions Final APR 82.5 79.3 79.3
02:00 PM
US
Michigan Inflation Expectations Final APR 2.9% 3.1% 3.1%
03:00 PM
CA
Budget Balance FEV C$-2.1B C$1.9B
04:00 PM
RU
Unemployment Rate MAR 2.8% 3.0%
04:00 PM
RU
Business Confidence APR 6
04:00 PM
RU
Real Wage Growth YoY FEB 8.5%
04:00 PM
RU
Retail Sales YoY MAR 12.3% 7%
05:00 PM
US
Baker Hughes Oil Rig Count APR/26
05:00 PM
US
Baker Hughes Total Rigs Count APR/26
SG
10-Year Bond Auction 3.05%
RU
GDP YoY MAR 7.7% 5.7%
BR
Net Payrolls MAR 306.111K 215.0K
Saturday April 27 2024 Actual Previous Consensus Forecast
01:30 AM
CN
Industrial Profits (YTD) YoY MAR 10.2% 12.0%



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Trading Economics provides its users with a near real-time economic calendar updated 24 hours a day. Actual values are based on official sources, not third party data providers. Previous values are available before an economic indicator is reported and marked as revised (*) accordingly. Survey consensus figures are provided displaying the average forecast among a representative group of economists. We also provide forecasts which are driven by our analysts’ expectations and technically projected using an autoregressive integrated moving average (ARIMA) model.

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