Economic Data Forecasts For The Week Of June 8

Estimating what to expect from this week's economic data releases.

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Photo by Jakub Żerdzicki on Unsplash

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Week of June 8

June 9

NFIB Small Business Optimism Index - May

96.1

95.9

International Trade - April

Wholesale Inventories - April

0.5%

0.5

Existing Home Sales - May

4.040M

4.020

June 10

Consumer Price Index - May

0.4%

0.6

Core CPI

0.3

0.4

Energy

Treasury Budget - May

-$312.0B

215.0

June 11

Initial Unemployment Claims

Producer Price Index - May

0.4%

1.4

PPI Core

0.3

0.6

Energy

June 12

Michigan Consumer Sentiment - June (p)

45.5

44.8

Year Ahead Inflation

4.9%

4.8

Disclaimer:

Econ o

@PMorici1.

 

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