Economic Data And Forecasts For The Weeks Of November 5 And 12

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of November 5

November 5

PMI Services Index

54.7

54.7

54.7

ISM Services - October

59.7

61.6

59.4

ISM Prices

ISM Business Activity

November 6

JOLTS - September

7.120M

7.136

7.100

November 7

Consumer Credit - September

$17.0B

20.1

16.5

November 8

Initial Unemployment Claims

214K

214.0

213

FMOC

2.125%

2.125

2.125

November 9

Producer Price Index - October

0.3%

0.2

0.2

PPI less food, energy and trade services

0.2

0.4

0.2

Wholesale Inventories - September

0.3%

0.3

0.3

Michigan Consumer Sentiment Index (p)

98.5

98.6

98.0

Week of November 12

November 13

NFIB

108.0

107.9

Treasury Budget - October

-120.0B

119.1

November 14

Consumer Price Index - October

0.3%

0.1

Core CPI

0.2

0.1

November 15

Philadelphia Fed Survey

20.0

22.2

Retail Sales - October

0.6%

0.1

Retail Sales, ex Autos

0.5

-0.1

NY Fed Manufacturing Index

20.7

21.1

Export Prices - October

0.0%

0.0

Import Prices

0.0

0.5

Business Inventories - August

0.3%

0.5

November 16

Industrial Production - October

0.3%

0.3

Capacity Utilization

78.3

78.1

Manufacturing

0.3

0.2