Economic Date Forecasts For The Weeks Of June 10 And 17

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of June 10

June 10

JOLTS - April

7.200

7.488

7.400

June 11

NFIB Small Business Optimism Index - May

101.5%

103.5

102

Producer Price Index - May

0.1%

0.2

0.1

PPI Core

0.2

0.1

0.2

June 12

Consumer Price Index - May

0.1%

0.3

0.1

Core CPI

0.2

0.1

0.2

Treasury Budget - May

-$198.0B

160.3

-170.0

June 13

Initial Unemployment Claims

218K

218

215

Export Prices - May

-0.2%

0.2

-0.3

Import Prices

-0.5

0.2

0.1

June 14

Retail Sales - May

0.6%

-0.2

0.7

Retail Sales, ex Autos

0.5

0,1

0.4

Retail Sales, ex Autos and Gas

0.5

-0.2

0.4

Industrial Production - May

0.3%

-0.5

0.2

Capacity Utilization

77.7

77.9

78.0

Manufacturing Output

0.2

-0.5

0.2

Business Inventories - April

0.6%

0.0

0.4

Michigan Consumer Sentiment - June (p)

100.0

100.0

98.6

Week of June 17

June 17

NY Fed Manufacturing Index

13.5

17.8

NAHB Index - June

66

66

June 18

Housing Starts - May

1.244M

1.235

Building Permits

1.300

1.296

June 19

FOMC

2.375%

2.375

June 20

Philadelphia Fed Survey Index

14.0

16.6

Current Account - Q1

-123.9

-134.4

Leading Indicators

0.2%

0.2

June 21

Existing Home Sales - May

5.350M

5.190M