| Here are my forecasts for upcoming economic data. | |||
| Forecast | Prior Observation | Consensus | |
| Week of October 18 | |||
| October 18 | |||
| Industrial Production - September | 0.3 | 0.4 | 0.2 |
| Capacity Utilization | 76.6 | 76.4 | 76.5 |
| Manufacturing | 0.3 | 0.2 | 0.1 |
| NAHB Index | 76 | 76 | 76 |
| October 19 | |||
| Housing Starts - September | 1.635M | 1.615 | 1.620 |
| Building Permits | 1.705 | 1.721 | 1.680 |
| October 21 | |||
| Initial Unemployment Claims | 310K | 293 | 303 |
| Philadelphia Fed Survey | 24.0 | 30.7 | |
| Leading Indicators | 0.5% | 0.9 | 0.4 |
| Existing Home Sales - September | 6.000M | 5.880M | 6.060 |
| Week of October 25 | |||
| October 25 | |||
| Chicago Fed National Activity Index | 0.35 | 0.29 | |
| Dallas Fed Manufacturing Index | 7.5 | 4.6 | |
| October 26 | |||
| S&P Case/Shiller Index - August | |||
| Twenty City M/M | 1.5% | 1.6 | |
| Twenty City M/M - SA | 1.6 | 1.5 | |
| Twenty City Y/Y | 20.0 | 19.7 | |
| FHFA House Price Index - August | 1.4% | 1.4 | |
| Consumer Confidence | 113.0 | 109.3 | 109.8 |
| New Home Sales - September | 775K | 740 | 770 |
| Richmond Fed Manufacturing Index | 6.0 | -3.0 | |
| October 27 | |||
| Durable Goods Sales - September | -0.5 | 1.8 | -0.2 |
| International Trade in Goods - September (a) | -$86.0B | -87.6 | |
| Wholesale Inventories - September (a) | 1.2% | 1.2 | |
| October 28 | |||
| Initial Unemployment Claims | |||
| GDP - Q3 (a) | 3.2% | 6.7 | 3.4 |
| Pending Home Sale Index - September | 118.0 | 119.5 | |
| October 29 | |||
| Employment Cost Index - Q3 | 0.8% | 0.7 | 0.800 |
| Employment Cost Index - Y/Y | 0.2 | 2.9 | |
| Personal Income - September | 0.4% | 0.2 | 0.3 |
| Personal Spending | 0.7 | 0.8 | 0.6 |
| Chicago PMI | 64.2 | 64.7 | 64.2 |
| Michigan Consumer Sentiment Index - Oct (r) | 71.4 | 71.4 | 72.0 |
Economic Data Forecasts For The Weeks Of October 18 And 25
Predictions for the next two weeks' data releases, including unemployment, leading indicators, Case/Shiller.
Peter Morici is an economist and emeritus business professor at the University of Maryland, and a national columnist.




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