Economic Data Forecasts For The Weeks Of September 14 And 21

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of September 14

September 15

New York Fed Manufacturing Index

10.0

3.7

6.0

Export Prices -  August

0.4%

0.8

0.4

Import Prices

0.5

0.7

0.5

Industrial Production - August

1.4%

3.0

1.0

Capacity Utilization

2.5

3.4

0.8

Manufacturing

71.7

70.6

71.5

September 16

Retail Sales - August

1.3%

1.2

1.0

Retail Sales, ex Autos

1.2

1.9

0.9

Business Inventories - July

0.1%

-1.1

0.2

NAHB Index

78

78

78

FMOC

0.125%

0.125

0.125

September 17

Initial Unemployment Claims

850K

884

850

Housing Starts - August

1450M

1.496

1.470

Building Permits

1.530

1.495

1.600

Philadelphia Fed Survey

17.0

17.2

15.5

September 18

Current Account - Q2

-$167.3B

-104.2

-148.3

Leading Indicators

1.3%

1.4

1.3

Michigan Consumer Sentiment - Sept (p)

76.0

74.1

75.0

Week of September 21

September 21

Chicago Fed National Manufacturing Index - August

1.18

1.18

September 22

Richmond Fed Manufacturing Index

12.0

18

Existing Home Sales - August

5.950M

5.860

September 23

FHFA Home Price Index - July

0.3%

0.9

PMI Manufacturing - Flash

53.1

53.1

PMI Services Flash

54.7

55.0

September 24

Initial Unemployment Claims

14

New Home Sales - August

860K

901

Kansas City Fed Manufacturing Index

14

14

September 25

Durable Goods Sales - August

2.0%

11.4