Economic Data Forecasts For The Weeks Of Aug. 4 And 11

Here are my forecasts for upcoming economic data.
		Prior
	Forecast	Observation
Week of August 4
August 4
Factory Orders - June	-4.6%	8.2
Durable Goods Orders	-9.3	16.4
Nondurable Goods Orders	0.2	0.1

August 5
International Trade - June	-$60.0B	-71.5
PMI Services Index	55.2	55.2
ISM Services - July	51.1	50.8

August 7
Initial Unemployment Claims	220K	218

Wholesale Inventories - June	0.2%	0.2
Consumer Credit - June	$16.0B	5.1

Week of August 11
August 12
NFIB Small Business Optimism Index - July	99.6	98.6

Consumer Price Index - July	0.2%	0.3
CPI Core	0.3	0.2

Treasury Budget - July	-$215.0B	27.0

August 14
Producer Price Index - July	0.2%	0.0
PPI less food energy and trade services	0.3	0.0

August 15
Retail Sales - July	0.2%	0.6
Retail Sales, ex Autos	0.2	0.5
Retail Sales, ex Autos and Gas	0.3	0.6

Export Prices - July	0.0%	0.5
Import Prices	0.0	0.1
Import Prices, ex-Petroleum	0.1	0.0

Industrial Production - July	-0.1%	0.3
Manufacturing	0.0	0.1
Capacity Utilization	77.6	77.6

Business Inventories - June	0.2%	0.0

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