Economic Data And Forecasts For The Weeks Of November 6 And November 13

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of November 6

November 7

NFIB Small Business Optimisim Index - October

105.0

103.0

105.0

JOLTS - September

6.082K

6.082

6.082

Consumer Credit - September

$17.1B

13.1

17.4

November 9

Initial Unemployment Claims

230K

229

232

Wholesale Inventories - September

0.3%

0.3

0.3

Wholesale Sales

November 10

Michigan Consumer Sentiment Index (p)

100.7

100.7

100.0

Treasury Budget - October

-$48.0B

8.0

-58.1

Week of November 13

November 14

Producer Price Index - October

0.2%

0.4

PPI less food, energy and trade services

0.2

0.2

November 15

Consumer Price Index - October

0.2%

0.5

Core CPI

0.2

0.1

Retail Sales - October

0.1%

1.6

Retail Sales, ex Autos

0.4

1.0

NY Fed Manufacturing Index

26.0

30.2

Business Inventories - August

0.0%

0.7

November 16

Initial Unemployment Claims

Philadelphia Fed Survey

23.0

27.9

Export Prices - October

0.6%

0.8

Import Prices

0.5

0.7

Industrial Production - October

0.5%

0.3

Capacity Utilization

76.4

76.0

Manufacturing

0.2

0.1

NAHB Index

68

68

November 17

Housing Starts - October

1.155

1.127M

Building Permits

1.245

1.215

Kansas City Fed Manufacturing Index

23

23