Economic Data Forecasts For The Weeks Of Jan. 12 And 19

Here are my forecasts for upcoming economic data.

		Prior
	Forecast	Observation
Week of January 12
January 13
NFIB Small Business Confidence - December

Consumer Price Index - December	0.2%	0.2
CPI Y/Y	2.6	2.7
Core CPI	0.3	0.2
Core Y/Y	2.7	2.6


New Home Sales - October	725K	800
New Home Sales - November	725

Treasury Budget - December	-$180.0B	-173.3

January 14
Retail Sales - November	0.3%	0.0
Retail Sales, ex autos	0.3	0.4
Retail Sales, ex autos and gasoline	0.3	0.5

Producer Price Index - October	0.3	0.3
Core PPI (PPI ex Food, Energy, Trade Services)	0.3	0.1

Producer Price Index - November	0.3%
Core PPI (PPI ex Food, Energy, Trade Services)	0.2

Current Account - Q3	-$258.5B	-251.3
Existing Home Sales - December	4.200M	4.130

January 15
Philadelphia Fed Index	-4.0	-10.2
NY Fed Manufacturing Index - January	1.0	-3.9

Export Prices - October	-0.2%	0.0
Import Prices	-0.2	0.0
Ex Petroleum	0.1	0.2

Export Prices - November	-0.2%
Import Prices	-0.2
Ex Petroleum	0.0
Petroleum

January 16
Industrial Production - December	0.2%	0.2
Capacity Utilization	76.0	76.0
Manufacturing	0.1	0.0

Week of January 19
January 19

January 20
NAHB Index - January	40	39

Construction Spending - September	0.0%	0.2
Construction Spending - October	0.2

Pending Home Sales - December	78.7	79.2

January 22
GDP - Q3 (f)	4.3%	4.3
GDP Implicit Price Deflator	3.8	3.7
PCE	3.5	3.5
PCE Deflator	2.8	2.8
PCE Core Deflator	2.9	2.9

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