Professor Emeritus, Robert H. Smith School of Business, University of Maryland•
Share:
My expectations for upcoming data releases, including CPI, PPI, and FMOC.
Here are my forecasts for upcoming economic data.
Forecast
Prior Observation
Consensus
Week of March 8
March 8
Wholesale Inventories - January
1.3%
1.3
1.3
March 9
NFIB Small Business Optimism Index - February
96.0
95.0
March 10
Consumer Price Index - February
0.3%
0.3
0.4
CPI Core
0.2
0.0
0.2
Treasury Budget - January
-$632B
-162.8
March 11
Initial Unemployment Claims
725K
745
725
JOLTS - January
6.650M
6.646
March 12
Producer Price Index - February
0.3%
1.2
PPI less food, energy and trade services
0.2
1.2
Michigan Consumer Sentiment - March (p)
88.5
86.2
88.3
Week of March 15
March 15
NY Fed Manufacturing Index
12.1
12.1
13.8
March 16
Retail Sales - February
-1.0%
5.3
-0.1
Retail Sales, ex Autos
-1.6
5.9
Retail Sales, ex-Autos, Gas
-1.7
6.1
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
Industrial Production - February
0.8%
0.9
0.8
Manufacturing Output
1.0
1.0
Capacity Utilization
76.1
75.6
75.8
Business Inventories - January
0.7%
0.6
0.4
March 17
Housing Starts - February
1.500M
1.580
1.540
Building Permits
1.650
1.881
1.720
FMOC
0.125%
0.125
March 18
Philadelphia Fed Survey
20.0
23.1
Leading Indicators - February
0.5%
0.5
0.4
NAHB Index
83
84
Disclaimer:
Peter Morici is an economist and professor at the Smith School of Business, University of Maryland, and widely published columnist. He is the five time winner of the MarketWatch best forecaster award.
Comments
Log in or sign up to join the conversation.