Quarterly Economic Data And Forecasts For The Weeks Of April 10 and 17

April 8, 2017

Q117

Q217

Q317

Q417

Q118

Q218

2016

2017

2018

GDP: Annual

1.7

2.6

2.6

2.4

1.9

2.6

1.6

2.3

2.4

GDP: Q4/Q4

1.9

2.3

2.4

CPI: Year/Year

2.7

2.6

2.7

2.5

2.2

2.2

1.3

2.7

2.2

Core CPI: Y/Y

2.3

2.3

2.2

2.2

2.0

2.0

2.2

2.2

2.0

Unemployment Rate

4.6

4.6

4.6

4.5

4.5

4.5

4.9

4.6

4.5

Fed Funds: End Qtr

0.875

0.875

1.125

1.375

1.375

1.625

0.625

1.375

2.125

Forecast

Prior Observation

Consensus

Week of April 10

April 11

NFIB Small Business Optimism Index - March

104.6

105.3

104.8

JOLTS - February

April 12

Export Prices - March

0.0%

0.1

0.1

Import Prices

-0.3

-0.2

-0.2

Treasury Budget - March

-$170.0B

-192

April 13

Initial Unemployment Claims

247K

234

243

PPI-FD - March

0.0%

0.3

0.0

PPI-FD, less food, energy and trade services

0.2

0.3

0.2

Michigan Consumer Sentiment - April (p)

97.2

96.9

97.0

April 14

Consumer Price Index - March

0.0%

0.1

0.0

Core CPI

0.2

0.2

0.2

Retail Sales - March

0.0%

0.1

0.0

Retail Sales, ex Autos

0.2

0.2

0.2

Business Inventories - February

0.3%

0.3

0.3

Week of April 17

April 17

NY Fed Manufacturing Index

16.4

16.4

NAHB Index - April

70

71

April 18

Housing Starts - March

1.280B

1.288

Building Permits

1.260

1.213

Industrial Production - March

0.5%

0.0

Capacity Utilization

75.8

75.4

Manufacturing

0.3

0.5

April 20

Philadelphia Fed Survey

25.0

32.8

Leading Indicators - March

0.2%

0.6

April 21

PMI Manufacturing Flash Index

54.0

54.3

Existing Home Sales - March

5.485M

5.480