Economic Data Forecasts For The Weeks Of February 15 And 22

My proejctions for upcoming data releases including NAHB, Q4 GDP, PMI.

Updating my preliminary report from Thursday - 

 
Here are my forecasts for upcoming economic data.    
  Forecast Prior Observation Consensus
Week of February 15      
February 16      
NY Fed Manufacturing Index 5 3.5 6.2
       
February 17      
Retail Sales - January 0.6% -0.7 1.0
Retail Sales, ex Autos 0.8 -1.4 1.0
       
Producer Price Index - January 0.3% 0.3 0.4
Core PPI (PPI ex Food, Energy, Trade Services) 0.2 0.4  
       
Industrial Production - January 0.4% 1.6 0.4
Manufacturing Output 0.5 0.9 0.5
Capacity Utilization 74.8 74.5 74.8
       
Business Iinventories - December 0.3% 0.5 0.5
NAHB Index - February  83 83 83
       
February 18      
Housing Starts - January 1.650M 1.669 1.655
Building Permits 1.670 1.709 1.680
       
Philadelphia Fed Survey 20.0 26.5 20.0
       
Export Prices - January 0.9% 1.1 0.8
Import Prices 1.0 0.9 1.0
Import Prices, Ex-Petroleum 0.5 0.4  
       
Initial Unemployment Claims 760K 793 755
       
February 19      
PMI Manufacturing Flash Index 59.2 59.2 58.5
PMI Services Flash Index 58.5 58.5 5.75
       
Existing Home Sales - January 6.560M 6.760 6.60
       
Week of February 22      
February 22      
Leading Indicators - January 0.3% 0.3  
Dallas Fed Manufacturing Index 8.5 7.0  
Chicago Fed National Activity Index 0.45 0.52  
       
February 23      
S&P Case/Shiller Index - December      
Twenty City M/M 0.8% 1.1  
Twenty City M/M - SA 1.2 1.4  
Twenty City Y/Y 9.9 9.1  
       
FHFA Housing Market Index - December 0.8% 1.0  
Consumer Confidence Index - February 90.0 89.3  
Richmond Fed Manufacturing Index 14 14  
       
February 24      
New Home Sales - Jan 855K 842  
       
February 25      
Durable Goods Orders - January 0.9% 0.3  
       
GDP - Q4 (p) 4.0% 4.0  
       
Pending Home Sales - January 125.5 125.5  
       
February 26      
International Trade in Goods - January (a) -$83.2B -82.5  
Wholesale Inventories (a) - January   0.3  
       
Personal Income - January 11.0% 0.6  
Personal Spending 0.5 -0.2  
       
Chicago PMI - February 60.0 63.8  
       
Michigan Consumer Sentiment - February (r) 77.5 76.2  
       
Disclaimer:

Econ o

@PMorici1.

 

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