Economic Data And Forecasts For The Weeks Of October 16 And October 23

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of October 16

October 16

NY Fed Manufacturing Index

20.0

24.4

20.0

Treasury Budget - September

$4.0B

-107.7

3.0

October 17

Export Prices - September

0.5%

0.6

0.5

Import Prices

0.7

0.6

0.4

Import Prices, ex-Energy

0.2

0.2

Industrial Production - August

0.3%

-0.9

0.1

Capacity Utilization

76.3

76.1

76.2

Manufacturing

0.3

-0.3

0.3

NAHB Index

66

64

64

October 18

Housing Starts - September

1.190M

1.180

1.170

Building Permits

1.260

1.300

.1230

October 19

Initial Unemployment Claims

243K

243

240

Philadelphia Fed Survey

20.0

23.8

20.2

Leading Indicators

0.1%

0.4

0.1

October 20

Existing Home Sales - September

5.380M

5.350

5.300

Week of October 23

October 23

Chicago Fed National Activity Index

-0.10%

-0.31

October 24

PMI Manufacturing Flash Index

53

53.1

PMI Services Flash Index

55.1

55.3

Richmond Fed Manufacturing Index

15

19

October 25

Durable Goods Sales - September

0.5%

2.0

FHFA House Price Index - August

0.3

0.2

New Home Sales - September

550K

560

October 26

Initial Unemployment Claims

International Trade in Goods

-$63.9B

-62.9

Pending Home Sale Index - September

107.7

106.3

Kansas City Fed Manufacturing Index

17

October 27

GDP - Q3 (a)

2.6%

3.1

Michigan Consumer Sentiment Index - October (r)

101.1

101.1