Forecasts For The Weeks Of October 13 And 20

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of October 13

October 14

NFIB Small Business Optimism Index - September

96.1

96.1

95.8

October 15

Producer Price Index - September

0.0%

0.0

0.1

PPI Core

0.1

0.2

0.1

Retail Sales - September

0.0%

0.6

-0.1

Retail Sales, ex Autos

0.2

0.3

0.3

NY Fed Manufacturing Index

20.5

27.54

20.5

Business Inventories - August

0.4%

0.4

0.4

October 16

Initial Unemployment Claims

290K

287

290

Industrial Production - August

0.4%

-0.1

0.4

Capacity Utilization

79.1

78.8

79.0

Manufacturing

0.4

-0.4

0.4

Philadelphia Fed Survey

20.5

22.5

20.0

NAHB Index

59

59

59

October 17

Housing Starts - September

1.016M

0.956

1.012

Building Permits

1.035

0.998

1.027

Michigan Consumer Sentiment - October (p)

84.4

84.6

84.4

Week of October 20

October 21

Existing Home Sales - September

5.09M

5.05

5.09

October 22

Consumer Price Index - September

0.1%

-0.2

0.1

Core CPI

0.2

0.0

0.2

Energy

October 23

Initial Unemployment Claims

PMI Manufacturing Flash Index

57.5

57.5

57.0

FHFA House Price Index - August

0.4%

0.1

Leading Indicators

0.6%

0.2

0.7

Kansas City Fed Manufacturing Index

6.0

6.0

October 24

New Home Sales - September

.480M

504