Economic Data Forecasts For The Weeks Of Oct. 12 And 19

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of October 12

October 13

NFIB Small Business Optimism Index - September

100.8

100.2

Consumer Price Index - September

0.2%

0.4

0.2

Core CPI

0.2

0.4

0.2

October 14

Producer Price Index - September

0.2%

0.3

0.2

PPI Core (less food, energy and trade services)

0.1

0.3

October 15

Initial Unemployment Claims

840K

840

Philadelphia Fed Survey

15.0

15.0

New York Fed Manufacturing Index

17.0

17.0

Export Prices -  September

0.4%

0.5

Import Prices

0.3

0.9

Import Prices, ex-Energy

0.6

0.7

October 16

Retail Sales - September

0.8%

0.6

0.6

Retail Sales, ex Autos

0.5

0.7

0.4

Retail Sales, ex Autos and Gas

0.6

0.7

Industrial Production - September

0.8%

0.4

0.6

Capacity Utilization

72.2

71.4

71.9

Manufacturing

1.2

1.0

0.7

Business Inventories - August

0.4%

0.1

0.4

Treasury Budget - September

-$160.0B

-200.1

Michigan Consumer Sentiment - October (p)

82.0

80.4

81.0

Week of October 19

October 19

NAHB Index

83

83

October 20

Housing Starts - September

1.475M

1.416

Building Permits

1.530

1.470

October 21

October 22

Leading Indicators

0.9%

1.2

Existing Home Sales - September

6.400M

6.000

Richmond Fed Manufacturing Index

15

21

Kansas City Fed Index

11

11