Economic Data Forecasts For The Weeks Of February 10 And 17

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of February 10

February 11

NFIB Small Business Optimism Index - January

103

103

JOLTS - December

6.700M

6.800

February 12

Treasury Budget - January

$11.5B

-13.3

February 13

Initial Unemployment Claims

215K

202

212

Consumer Price Index - January

0.2%

0.2

0.2

Core CPI

0.2

0.1

0.2

February 14

Retail Sales - January

0.3%

0.3

0.3

Retail Sales, ex Autos

0.4

0.7

0.3

Export Prices - January

0.0%

-0.2

0.0

Import Prices

-0.3

0.3

-0.3

Industrial Production - January

-0.4%

-0.3

-0.2

Manufacturing Output

0.0

0.2

0.0

Capacity Utilization

76.8

77.0

76.8

Business Inventories - December

0.1%

-0.2

0.1

Michigan Consumer Sentiment - February (p)

99.3

99.8

99.3

Week of February 17

February 18

NY Fed Manufacturing Index

4.0

4.8

4.5

NAHB Index - February

73

75.0

74

February 19

Producer Price Index - January

0.2%

0.1

0.2

Core PPI (PPI ex Food, Energy, Trade Services)

0.2

0.1

Housing Starts - January

1.400M

1.608

1.395

Building Permits

1.420

1.416

1.43

February 20

Philadelphia Fed Survey

8

17

10

Leading Indicators - January

0.1%

-0.3

0.3

February 21

Existing Home Sales - January

5.350M

5.540

5.46