Economic Data Forecasts For The Weeks Of Nov. 6 & 13

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of November 6

November 7

International Trade - September

-$61.0B

-58.3

-60.0

Consumer Credit - September

$10.0B

-15.6

10.0

November 8

Wholesale Inventories - September

0.0

0.0

0.0

November 9

Initial Unemployment Claims

215K

217

215

November 10

Michigan Consumer Sentiment Index (p)

65.0

63.8

64.0

Treasury Budget - October

$35B

-171.0

17.0

Week of November 13

November 14

NFIB Small Business Optimisim Index - October

90.8

90.8

Consumer Price Index - October

0.1%

0.4

0.1

Core CPI

0.3

0.3

0.3

November 15

Retail Sales - October

0.3%

0.7

0.2

Retail Sales, ex Autos

0.2

0.6

0.2

Producer Price Index - October

0.1%

0.5

0.1

PPI less food, energy and trade services

0.2

0.2

0.2

NY Fed Manufacturing Index

-2.0

-4.6

Business Inventories - September

0.4%

0.4

November 16

Philadelphia Fed Survey

-7

-9

Export Prices -  October

-0.4%

0.7

Import Prices

-0.4

0.1

Import Prices, ex-Energy

-0.3

-0.3

Industrial Production - October

-0.3%

0.3

-0.4

Capacity Utilization

79.4

79.7

79.4

Manufacturing

-0.4

0.4

NAHB Index

41

40

November 17

Housing Starts - October

1.330M

1.358

1.345