Forecast For The Week Of Feb. 18

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of February 18

February 19

NAHB Index - February

59

58

5.9

JOLTS

February 21

Initial Unemployment Claims

235K

239

228

Retail Sales - January

0.3%

-1.2

0.2

Retail Sales, ex Autos

0.7

-1.8

0.1

Retail Sales, ex Autos and Gas

1.1

-1.4

Philadelphia Fed Survey

14.0

17.0

14.0

Durable Goods Orders - December

2.5%

0.7

1.8

PMI Manufacturing Flash Index

54.300

54.9

54.7

PMI Services Flash Index

54.5

54.2

54.3

Existing Home Sales - January

5.070M

4.990

5.0

Leading Indicators - January

0.1%

-0.1

0.1