Economic Data Forecasts For The Weeks Of Nov. 9 And 16

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of November 9

November 10

NFIB Small Business Optimisim Index - September

106.0

104.0

November 12

730K

751

735

Initial Unemployment Claims

Consumer Price Index - October

0.2%

0.2

0.2

Core CPI

0.2

0.2

0.2

Treasury Budget - October

-$280.0B

-124.6

November 13

Producer Price Index - October

0.2%

0.4

0.2

PPI less food, energy and trade services

0.2

0.4

Energy

Michigan Consumer Sentiment Index (p)

83.0

81.8

82.0

Week of November 16

November 16

NY Fed Manufacturing Index

13.5

10.5

12.2

November 17

Retail Sales - October

0.6%

1.9

0.4

Retail Sales, ex Autos

0.7

1.5

0.6

Retail Sales, ex Autos and Gas

0.8

1.5

Industrial Production - October

1.4%

-0.6

1.0

Capacity Utilization

72.7

71.5

72.2

Manufacturing

1.2

-0.3

Business Inventories - September

0.5%

0.3

0.4

NAHB Index

85.0

85

Export Prices -  October

0.3%

0.6

0.3

Import Prices

0.3

0.3

0.3

Import Prices, ex-Energy

0.4

0.6

November 18

Housing Starts - October

1.470M

1.415

1.463

Building Permits

1.570

1.553

1.570

November 19

Initial Unemployment Claims

Philadelphia Fed Survey

22.0

32.3

Existing Home Sales - October

6.470M

6.540

6.450

Leading Indicators

0.7%

0.7