Economic Data Forecasts For The Weeks Of April 8 And 15

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of April 8

April 8

Factory Orders - February

-0.6%

0.1

-0.5

Durable Goods Orders

-1.6

-1.6

Nondurable Goods Orders

0.3

0.3

April 9

NFIB Small Business Optimism Index - March

101.7

101.7

102.0

JOLTS - February

7.581M

7.581

7.565

April 10

Consumer Price Index - March

0.3%

0.2

0.3

Core CPI

0.2

0.1

0.2

Treasury Budget - March

-$185.0B

-234.0

-195.9

April 11

Initial Unemployment Claims

210K

202

211

Producer Price Index - March

0.3%

0.1

0.3

PPI less food, energy and trade services

0.2

0.1

0.2

April 12

Export Prices - March

0.2%

0.6

0.3

Import Prices

0.3

0.6

0.4

Michigan Consumer Sentiment - April (p)

98.0

98.4

98.2

Week of April 15

April 15

NY Fed Manufacturing Index

8.0

3.7

April 16

Industrial Production - March

0.3%

0.0

Capacity Utilization

79.3

79.1

Manufacturing

0.3

-0.4

NAHB Index - April

63

62

April 17

International Trade - February

-$54.0B

-51.1

Wholesale Inventories - February

0.1%

1.2

April 18

Philadelphia Fed Survey

10.0

13.7

Leading Indicators - March

0.2%

0.2

Retail Sales - March

0.8%

-0.2

Retail Sales, ex Autos

0.7

-0.4

Retail Sales, ex Autos and Gas

0.6

-0.6

Business Inventories - February

0.1%

0.8

April 19

Housing Starts - March

1.270M

1.163

Building Permits

1.300

1.291