Economic Data Forecasts For The Weeks Of Nov. 14 And 21

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Here are my forecasts for upcoming economic data.


	Forecast	Prior Observation	Consensus
Week of November 14
November 15
Producer Price Index - October	0.5%	0.4	0.5
PPI less food, energy and trade services	0.4	0.4

NY Fed Manufacturing Index	-6.0	-9.1	-7.0

November 16
Retail Sales - October	0.7%	0.0	0.9
Retail Sales, ex Autos	0.3	0.1	0.5
Retail Sales, ex Autos and Gas	0.1	0.3

Export Prices - October	-0.5%	-0.8	-0.2
Import Prices	-0.5	-1.2	-0.4
Import Prices, ex-Energy	-0.8	-0.5

Industrial Production - October	0.3%	0.4	0.2
Capacity Utilization	80.5	80.3	80.4
Manufacturing	0.2	0.4	0.2

Business Inventories - September	0.6%	0.8	0.5
NAHB Index	36	38	36

November 17
Initial Unemployment Claims	225K	225

Housing Starts - October	1.400M	1.439	1.410
Building Permits	1.505	1.564	1.515

Philadelphia Fed Survey	-6.0	-8.7	-5.0

November 18
Leading Indicators	-0.4%	-0.4	-0.4
Existing Home Sales - October	4.360M	4.710	4.390

Week of November 21
November 21
Chicago Fed National Activity Index - October	0.10	0.10

November 22
Richmond Fed Manufacturing Index	6	-10

November 23
Durable Goods Sales - October	0.3%	0.4

PMI Services Flash Index	48.2	47.8
PMI Manufacturing Flash Index	50.4	50.4

New Home Sales - October	575K	603
Michigan Consumer Sentiment Index - November (r)	54.7	54.7

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