Economic Data And Forecasts For The Weeks Of October 8 And15
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Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
Consensus |
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Week of October 8 |
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October 9 |
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NFIB Small Business Optimism Index - September |
108.8 |
108.8 |
108.0 |
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October 10 |
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Producer Price Index - September |
0.2% |
-0.1 |
0.2 |
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PPI Core (less food, energy and trade services) |
0.2 |
0.1 |
0.2 |
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Wholesale Inventories - August |
0.8% |
0.8 |
0.8 |
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October 11 |
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Initial Unemployment Claims |
207K |
207 |
210 |
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Consumer Price Index - September |
0,2% |
0.2 |
0.2 |
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Core CPI |
0.2 |
0.1 |
0.2 |
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Treasury Budget - September |
$62.0 |
-214.1 |
62.0 |
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October 12 |
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Export Prices - September |
-0.1% |
-0.1 |
0.2 |
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Import Prices |
0.2 |
-0.1 |
0.3 |
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Michigan Consumer Sentiment - October (p) |
99.5 |
100.1 |
99.0 |
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Week of October 15 |
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October 15 |
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Retail Sales - September |
0.5% |
0.1 |
0.5 |
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Retail Sales, ex Autos |
0.4 |
0.3 |
0.4 |
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NY Fed Manufacturing Index |
20.0 |
19.0 |
19.25 |
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Business Inventories - August |
0.6% |
0.6 |
0.5 |
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October 16 |
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Industrial Production - August |
0.3% |
0.4 |
0.3 |
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Capacity Utilization |
78.2 |
78.1 |
78.1 |
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Manufacturing |
0.3 |
0.2 |
0.3 |
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NAHB Index |
67 |
67 |
67 |
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October 17 |
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Housing Starts - September |
1.230M |
1.282 |
1.237 |
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Building Permits |
1.285 |
1.229 |
1.280 |
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October 18 |
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Philadelphia Fed Survey |
20.0 |
22.9 |
20.0 |
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Leading Indicators |
0.4% |
0.4 |
0.5 |
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October 19 |
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Existing Home Sales - September |
5.38M |
5.340 |
5.35 |
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Peter Morici is an economist and professor at the Smith School of Business, University of Maryland, and widely published columnist. He is the five time winner of the MarketWatch best forecaster ...
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Pretty positive all around as expected. Budgetary stimulus works better than monetary.