Economic Data Forecasts For The Weeks Of May 6 & 13

Here are my forecasts for upcoming economic data.


	Forecast	Prior
		Observation
Week of May 6
May 7
Consumer Credit - March	15.5	14.1

May 8
Wholesale Inventories - March	-0.4%	-0.4

May 10
Treasury Budget - April	$270.0B	-236.5
Michigan Consumer Sentiment - May (p)	77.2	77.2

Week of May 13
May 14
NFIB Small Business Optimism - April	88.5	88.5

Producer Price Index - April	0.2%	0.2
PPI less food, energy and trade services	0.3	0.2

May 15
Consumer Price Index - April	0.3%	0.4
Core CPI	0.3	0.4

Retail Sales - April	0.4%	0.7
Retail Sales, ex Autos	0.4	1.1
Retail Sales,ex autos and gas	0.4	1.0

NY Fed Manufacturing Index	-7.7	-14.3

Business Inventories - March	0.0%	0.3
NAHB Index - May	52	51

May 16
Housing Starts - April	1.435M	1.321
Building Permits	1.500	1.458

Philadelphia Fed Survey	9.4	15.5

Export Prices - April	0.2%	0.3
Import Prices	0.1	0.4
Import Prices, Ex-Petroleum	-0.1	0.0

Industrial Production - April	0.2%	0.4
Capacity Utilization	0.0	0.5
Manufacturing	78.4	78.4

May 17
Leading Indicators	-0.2	-0.3

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