Here are my forecasts for upcoming economic data.
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Forecast |
Prior Observation |
Consensus |
Week of June 6 |
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June 7 |
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International Trade - April |
-$89.1B |
-109.8 |
89.3 |
Consumer Credit - April |
$35B |
52.4 |
34.5 |
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June 8 |
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Wholesale Inventories - April |
2.1% |
2.1 |
2.1 |
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June 9 |
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Initial Unemployment Claims |
200K |
200 |
207 |
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June 10 |
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Consumer Price Index - May |
0.6% |
0.3 |
0.7 |
Core CPI |
0.4 |
0.6 |
0.5 |
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Treasury Budget - May |
-$275B |
308.2 |
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Michigan Consumer Sentiment - June (p) |
59.0 |
58.4 |
58.2 |
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Week of June 13 |
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June 14 |
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NFIB Small Business Optimism Index - May |
93.2 |
93.2 |
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Producer Price Index - May |
0.7% |
0.5 |
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PPI Core |
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0.6 |
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June 15 |
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Retail Sales - May |
0.4% |
0.9 |
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Retail Sales, ex Autos |
0.8 |
0.6 |
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Retail Sales, ex Autos and Gas |
0.8 |
1.0 |
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NY Fed Manufacturing Index |
5.0 |
-11.6 |
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Export Prices - May |
1.1% |
0.6 |
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Import Prices |
1.2 |
0.0 |
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Import Prices, ex-Petroleum |
0.8 |
0.4 |
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Business Inventories - April |
2.0% |
2.0 |
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NAHB Index - June |
68 |
69 |
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FMOC |
1.375% |
0.875 |
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