Economic Data Forecasts For The Weeks Of Aug. 5 & 12

Here are my forecasts for upcoming economic data.

	Forecast	Prior
		Observation

Week of August 5
August 5
PMI Services Index	56.0	56.0
ISM Services - July	51.3	48.8

August 6
International Trade - June	$72.9B	75.1

August 7
Consumer Credit - June	$10.0B	11.3

August 8
Wholesale Inventories - June	0.2%	0.2

Week of August 12
August 12
Treasury Budget - July	-$350.0B	-66.0

August 13
NFIB Small Business Optimisim Index - July	91.5	91.5

Producer Price Index - July	0.2%	0.2
PPI less food energy and trade services	0.2	0.0
Energy

August 14
Consumer Price Index - July	0.2%	-0.1
CPI Core	0.2	0.1

August 15
Retail Sales - July	0.3%	0.0
Retail Sales, ex Autos	0.2	-0.5
Retail Sales, ex Autos and Gas	0.2	0.8

Philadelphia Fed Survey	7.0	13.9
New York Fed Manufacturing Index	-6.0	-6.6

Export Prices - July	0.0%	-0.5
Import Prices	-0.1	0.0
Import Prices, ex-Petroleum	-0.2	0.2

Industrial Production - July	0.0%	0.6
Manufacturing	0.0	0.4
Capacity Utilization	78.6	78.8

Business Inventories - June	0.3%	0.4
NAHB Index	43	42

August 16
Housing Starts - July	1.380M	1.353
Building Permits	1.450	1.446