Economic Data And Forecasts For The Weeks Of Feb. 11 And 18

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of February 11

February 12

NFIB Small Business Optimism Index - January

104.4%

104.4

JOLTS - December

7.000M

6.888

Treasury Budget - January

-$12.0B

n/a

-12.0

February 13

Consumer Price Index - January

0.1%

-0.2

0.1

Core CPI

0.2

0.2

0.2

February 14

Producer Price Index - January

0.1

-0.2

0.1

Core PPI (PPI ex Food, Energy, Trade Services)

0.2

0.0

0.2

Business Inventories - November

0.1%

0.6

0.1

Business Inventories - December

0.1%

n/a

0.2

February 15

Retail Sales - January

0.1%

n/a

0.1

Retail Sales, ex Autos

0.2

n/a

0.2

Retail Sales, ex Autos and Gas

0.4

n/a

0.4

NY Fed Manufacturing Index

11.5

3.9

7.0

Export Prices - February

-0.2%

-0.6

-0.1

Import Prices

0.0

-1.0

-0.1

Import Prices, Ex-Petroleum

-0.2

0.3

Industrial Production - January

0.2%

0.3

0.1

Manufacturing Output

0.2

1.1

0.1

Capacity Utilization

78.8

78.7

78.7

Michigan Consumer Sentiment - February (p)

92.5

91.2

94.0

Week of February 18

February 19

NAHB Index - February

60

58

February 20

Housing Starts - January

1.265

n/a

Building Permits

1.300

n/a

February 21

Philadelphia Fed Survey

14.0

17.0

Existing Home Sales - January

5.070M

4.990

Leading Indicators - January

0.2%

-0.1