Economic Data Forecasts For The Weeks Of November 4 & 11

Here are my forecasts for upcoming economic data.


	Forecast	Prior
		Observation
Week of November 4
November 4
Factory Orders - September	-0.3%	-0.2
Durable Goods Orders	-0.8	0.0
Nondurable Goods Orders	0.2	-0.5

November 5
International Trade - September	-$85.3B	-70.4
ISM Services - October	53.6	54.9

November 7
Initial Unemployment Claims	225K	216

Productivity - Q3 (p)	2.3%	2.5
Unit Labor Costs	0.5	0.4

Wholesale Inventories - September	-0.1%	0.1
Wholesale Sales

FMOC	4.625%	4.875
Consumer Credit - September	$10.0B	8.9

November 8
Michigan Consumer Sentiment Index (p)	70.9	70.5

Week of November 11
November 12
NFIB Small Business Optimism Index - October	91.5	91.5

November 13
Consumer Price Index - October	0.2%	0.2
Core CPI	0.3	0.3
Energy

Treasury Budget - October	-$265.0B	-64.3

November 14
Producer Price Index - October	0.20%	0.0
PPI less food, energy and trade services	0.3	0.2

November 15
Retail Sales - October	0.3%	0.4
Retail Sales, ex Autos	0.3	0.5
Retail Sales, ex Autos and Gas	0.4	0.7
Retail Sales, Autos

NY Fed Manufacturing Index	0.0	-11.9

Export Prices - October	0.0%	-0.7
Import Prices	-0.1	-0.4
Import Prices, ex-Energy	-0.2	0.2
Import Prices, Energy

Industrial Production - October	-0.2%	-0.3
Capacity Utilization	77.3	77.5
Manufacturing	-0.3	-0.4

Business Inventories - September	0.1%	0.3

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