Economic Data Forecasts For The Weeks Of March 8 And 15
Professor Emeritus, Robert H. Smith School of Business, University of Maryland • My expectations for upcoming data releases, including CPI, PPI, and FMOC.
| Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
Consensus |
| Week of March 8 |
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| March 8 |
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| Wholesale Inventories - January |
1.3% |
1.3 |
1.3 |
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| March 9 |
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| NFIB Small Business Optimism Index - February |
96.0 |
95.0 |
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| March 10 |
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| Consumer Price Index - February |
0.3% |
0.3 |
0.4 |
| CPI Core |
0.2 |
0.0 |
0.2 |
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| Treasury Budget - January |
-$632B |
-162.8 |
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| March 11 |
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| Initial Unemployment Claims |
725K |
745 |
725 |
| JOLTS - January |
6.650M |
6.646 |
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| March 12 |
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| Producer Price Index - February |
0.3% |
1.2 |
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| PPI less food, energy and trade services |
0.2 |
1.2 |
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| Michigan Consumer Sentiment - March (p) |
88.5 |
86.2 |
88.3 |
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| Week of March 15 |
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| March 15 |
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| NY Fed Manufacturing Index |
12.1 |
12.1 |
13.8 |
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| March 16 |
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| Retail Sales - February |
-1.0% |
5.3 |
-0.1 |
| Retail Sales, ex Autos |
-1.6 |
5.9 |
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| Retail Sales, ex-Autos, Gas |
-1.7 |
6.1 |
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| Export Prices - February |
1.0% |
2.5 |
1.1 |
| Import Prices |
1.1 |
1.4 |
1.2 |
| Import Prices, Ex-Petroleum |
0.4 |
0.9 |
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| Industrial Production - February |
0.8% |
0.9 |
0.8 |
| Manufacturing Output |
1.0 |
1.0 |
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| Capacity Utilization |
76.1 |
75.6 |
75.8 |
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| Business Inventories - January |
0.7% |
0.6 |
0.4 |
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| March 17 |
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| Housing Starts - February |
1.500M |
1.580 |
1.540 |
| Building Permits |
1.650 |
1.881 |
1.720 |
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| FMOC |
0.125% |
0.125 |
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| March 18 |
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| Philadelphia Fed Survey |
20.0 |
23.1 |
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| Leading Indicators - February |
0.5% |
0.5 |
0.4 |
| NAHB Index |
83 |
84 |
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