Forecasts For The Weeks Of September 5 And 12

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of September 5

September 5

September 6

PMI Services Index - August

51.2

50.9

51.2

ISM Services - August

55.2

55.5

55.0

September 7

JOLTS - July

5.635M

5.624

September 8

Initial Unemployment Claims

263K

263

264

Consumer Credit - July

$15.2B

12.3

15.6

September 9

Wholesale Inventories - July

0.2%

0.3

0.2

Week of September 12

September 13

Treasury Budget - August

-$95.0B

-112.8

September 14

Export Prices -  August

-0.1%

0.2

Import Prices

0.0

0.1

Import Prices, ex-Petroleum

-0.2

0.5

September 15

Retail Sales - August

0.2%

-0.4

Retail Sales, ex Autos

0.3

-0.3

Philadelphia Fed Survey

4.0

2.0

Producer Price Index - August

0.1%

-0.4

PPI Core

0.2

0.2

NY Fed Manufacturing Index

-1.25

-4.2

Current Account - Q2

-$125.0

-124.7

Industrial Production - August

-0.2%

0.7

Capacity Utilization

75.7

75.9

Business Inventories - July

0.1%

0.2

September 16

Consumer Price Index - August

0.1%

0.0

Core CPI

0.2

0.1

Michigan Consumer Sentiment - Sept (p)

91.8

89.8