Economic Data Forecasts For The Weeks Of February 6 And 13

Here are my forecasts for upcoming economic data.

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Forecast

Prior Observation

Consensus

Week of February 6

February 7

International Trade - December

-$45.5B

-45.2

-44.9

Consumer Credit - December

$20.0B

24.5

20

February 9

Initial Unemployment Claims

250K

246

250

Wholesale Inventories - December

0.4%

1.0

1.0

February 10

Export Prices - February

0.0%

0.3

0.0

Import Prices

0.2

0.4

0.3

Michigan Consumer Sentiment - February (p)

98.5

98.5

98.0

Treasury Budget - January

$38.0B

-27.5

Week of February 13

February 14

Producer Price Index - January

0.2%

0.3

0.3

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

0.2%

0.1

0.2

February 15

Consumer Price Index - January

0.3%

0.3

0.3

Core CPI

0.2

0.2

0.2

Retail Sales - January

0.4%

0.6

0.3

Retail Sales, ex Autos

0.5

0.2

0.4

NY Fed Manufacturing Index

8

6.5

7.1

NAHB Index - February

68

67

Industrial Production - January

0.1%

0.8

0.0

Capacity Utilization

75.5

75.5

75.4

Business Inventories - December

0.4%

0.7

0.4

February 16

Housing Starts - January

1.226M

1.226

1.222

Building Permits

1.240

1.210

Philadelphia Fed Survey

20.0

23.6

18.7

February 17

Leading Indicators - January

0.1%

0.5

0.2