Economic Data And Forecasts For The Weeks Of October 8 And15

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of October 8

October 9

NFIB Small Business Optimism Index - September

108.8

108.8

108.0

October 10

Producer Price Index - September

0.2%

-0.1

0.2

PPI Core (less food, energy and trade services)

0.2

0.1

0.2

Wholesale Inventories - August

0.8%

0.8

0.8

October 11

Initial Unemployment Claims

207K

207

210

Consumer Price Index - September

0,2%

0.2

0.2

Core CPI

0.2

0.1

0.2

Treasury Budget - September

$62.0

-214.1

62.0

October 12

Export Prices - September

-0.1%

-0.1

0.2

Import Prices

0.2

-0.1

0.3

Michigan Consumer Sentiment - October (p)

99.5

100.1

99.0

Week of October 15

October 15

Retail Sales - September

0.5%

0.1

0.5

Retail Sales, ex Autos

0.4

0.3

0.4

NY Fed Manufacturing Index

20.0

19.0

19.25

Business Inventories - August

0.6%

0.6

0.5

October 16

Industrial Production - August

0.3%

0.4

0.3

Capacity Utilization

78.2

78.1

78.1

Manufacturing

0.3

0.2

0.3

NAHB Index

67

67

67

October 17

Housing Starts - September

1.230M

1.282

1.237

Building Permits

1.285

1.229

1.280

October 18

Philadelphia Fed Survey

20.0

22.9

20.0

Leading Indicators

0.4%

0.4

0.5

October 19

Existing Home Sales - September

5.38M

5.340

5.35