Economic Data Forecast For The Weeks Of October 14 And 21

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of October 14

October 15

NY Fed Manufacturing Index

2.5

2.0

0.8

October 16

Retail Sales - September

0.3%

0.4

0.3

Retail Sales, ex Autos

0.2

0.0

0.2

Retail Sales, ex Autos and Gas

0.3

0.1

0.3

Retail Sales, Autos

1.8

Business Inventories - August

0.3%

0.3

0.3

NAHB Index

68

68

68

October 17

Initial Unemployment Claims

215K

210

215

Housing Starts - September

1.289M

1.364

1.300

Building Permits

1.350

1.419

1.335

Philadelphia Fed Survey

8.0

12.0

7.1

Industrial Production - August

0.0%

0.6

-0.2

Capacity Utilization

77.9

77.9

77.7

Manufacturing

-0.1

0.5

-0.3

October 18

Leading Indicators

0.2%

0.0

0.2

Week of October 21

October 22

Existing Home Sales - September

5.430M

5.490

Richmond Fed Manufacturing Index

-5

-9

October 23

FHFA House Price Index - August

0.4%

0.4

October 24

Durable Goods Sales - September

-2.0%

0.2

PMI Manufacturing Flash Index

50.0

51.1

PMI Services Flash Index

52.0

50.9

New Home Sales - September

680K

713

Kansas City Fed Manufacturing Index

-2.0

-2.0