Economic Data Forecasts For The Weeks Of March 4 And 11


Here are my forecasts for upcoming economic data.
	Forecast	Prior Observation

Week of March 4
March 5
PMI Services Index - February	51.3	51.3
ISM Services Index	52.0	53.4

Factory Orders - January	-3.1%	0.2
Durable Goods Orders	-6.1	0.0
Nondurable Goods Orders	0.0	0.4

March 6
ADP Employment Report - February	150K	106
Wholesale Inventories - January	-0.1%	-0.1
JOLTS - January	9.100M	9.026

March 7
International Trade - January	-$63.2B	-62.2

Productivity - Q4 (r)	3.1%	3.2
Unit Labor Cost	0.7	0.5

Consumer Credit - January	$10.0B	1.6

March 8
Nonfarm Payrolls - February	180K	353
Private	150	317
Manufacturing	10	23
Unemployment	3.7%	3.7
Average Workweek	34.2HR	34.1
Average Hourly Earnings	0.3%	0.6

Week of March 11
March 12
NFIB Small Business Optimism Index - February	90.6	89.9

Consumer Price Index - February	0.4%	0.4
CPI Core	0.3	0.4

Treasury Budget - February	-240.0	-21.9

March 14
Business Inventories - January	0.3%	0.4

Retail Sales - February	0.3%	-0.8
Retail Sales, ex Autos	0.3	-0.6
Retail Sales, ex-Autos, Gas	0.0	-0.5
Retail Sales, Autos

PPI	0.3%	0.3
PPI less food, energy and trade services	0.2	0.6
Energy	1.8	-1.7

March 15
NY Fed Manufacturing Index	-8.0	-2.4

Export Prices - February	0.1%	0.8
Import Prices	0.1	0.8
Import Prices, Ex-Petroleum	-0.2	0.6

Industrial Production - February	-0.1%	-0.1
Manufacturing Output	0.3	-0.5
Capacity Utilization	78.3	78.5

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