Economic Data Forecasts For The Week Of May 11

Prognosis for economic data releases next week.

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Photo by Jakub Żerdzicki on Unsplash

Here are my forecasts for upcoming economic data:

Week of May 11

Forecast

Prior Observation

May 11

Existing Home Sales - April

4.050M

3.980

May 12

NFIB Small Business Optumism - April

96.8

95.8

Consumer Price Index - April

0.4%

0.9

Core CPI

0.3

0,2

Treasury Budget - April 

$180.0B

-164.0

May 13

Producer Price Index - April

0.4%

0.5

PPI less food, energy and trade services

0.2

0.2

May 14

Retail Sales - April

0.4%

1.7

Retail Sales, ex Autos

0.4

1.9

Business Inventories

1.0%

0.4

Export Prices - April

1.1%

1.6

Import Prices

0.8

0.8

May 15

NY Fed Manufacturing Index

7.0

11.0

Industrial Production - April

0.2%

-0.5

Capacity Utilization

75.8

75.7

Manufacturing

0.1

-0.1

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