| Here are my forecasts for upcoming economic data. | |||
| Forecast | Prior Observation | Consensus | |
| Week of April 5 | |||
| April 5 | |||
| Factory Orders - February | -1.0% | 2.6 | -0.5 |
| PMI Services Index - March | 60.0 | 60.0 | |
| ISM Services - March | 57.0 | 55.3 | 58.5 |
| April 6 | |||
| JOLTS - February | 6.850M | 6.917 | |
| April 7 | |||
| International Trade - February | -$70.4B | -68.2 | -70.5 |
| Consumer Credit - February | $5.0B | -1.3 | 5.0 |
| April 8 | |||
| Initial Unemployment Claims | 680K | 719 | 650 |
| April 9 | |||
| Producer Price Index - March | 0.3% | 0.5 | 0.5 |
| PPI less food, energy and trade services | 0.2 | 0.2 | 0.3 |
| Wholesale Inventories - February (r) | 0.5% | 0.5 | |
| Week of April 12 | |||
| April 12 | |||
| Treasury Budget - March | -$780.0B | -296.3 | |
| April 13 | |||
| NFIB Small Business Optimism Index - March | 98.0 | 95.8 | |
| Consumer Price Index - March | 0.4% | 0.4% | |
| Core CPI | 0.2 | 0.1 | |
| April 14 | |||
| Export Prices - March | 1.0% | 1.6 | |
| Import Prices | 1.0 | 1.3 | |
| Import Prices, Ex-Petroleum | 0.5 | 0.5 | |
| April 15 | |||
| Retail Sales - March | 3.0% | -3.0 | |
| Retail Sales, ex Autos | 3.2 | -2.7 | |
| Retail Sales, ex-Autos, Gas | 2.7 | -3.3 | |
| NY Fed Manufacturing Index | 14.0 | 17.4 | |
| Philadelphia Fed Survey | 38.5 | 51.8 | |
| Industrial Production - March | 2.7% | -2.2 | |
| Manufacturing | 3.2 | -3.1 | |
| Capacity Utilization | 76.5 | 73.8 | |
| Business Inventories - February | 0.5% | 0.3 | |
| NAHB Index - April | 84 | 82 | |
| April 16 | |||
| Housing Starts - March | 1.585M | 1.421 | |
| Building Permits | 1.750 | 1.682 | |
Economic Data Forecasts For The Weeks Of April 5 And 12
Predictions for upcoming data releases including PPI, Retail Sales, NAHB.
Disclaimer:
Peter Morici is an economist and professor at the Smith School of Business, University of Maryland, and widely published columnist. He is the five time winner of the MarketWatch best forecaster award.




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