Economic Data Forecasts For The Weeks Of August 9 And 16


Here are my forecasts for upcoming economic data.
	Forecast	Prior Observation	Consensus
Week of August 9
August 9
JOLTS - June	9.300M	9.209	9.270
August 10
NFIB Small Business Optimisim Index - July	104.0	102.5

Productivity - Q2 (p)	3.2%	5.4	3.5
Unit Labor Costs	1.3	1.7	1.2

August 11
Consumer Price Index - July	0.5%	0.9	0.5
CPI Core	0.4	0.9	0.4

Treasury Budget - July		-174.2

August 12
Initial Unemployment Claims	385K	385	373

Producer Price Index - July	0.4%	1.0	0.6
PPI less food energy and trade services	0.4	0.5

August 13
Export Prices - July	0.7%	1.2	0.8
Import Prices	0.7	1.0	0.6

Michigan Consumer Sentiment (p)	81.2	81.2	81,2

Week of August 16
August 16
New York Fed Manufacturing Index	35.0	43.0

August 17
Retail Sales - July	-0.1%	0.6
Retail Sales, ex Autos	0.2	1.3

Industrial Production - July	0.5%	0.4
Manufacturing	0.3	-0.1
Capacity Utilization	75.7	75.4

Business Inventories - June	0.8%	0.6
NAHB Index	80	80

August 18
Housing Starts - July	1.660	1.643
Building Permits	1.680	1.598

August 19
Philadelphia Fed Survey	26.3	21.9
Leading Economic Indicators	0.9%	0.7