Economic Data Forecast For The Weeks Of October 14 And 21
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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 14 |
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October 15 |
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NY Fed Manufacturing Index |
2.5 |
2.0 |
0.8 |
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October 16 |
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Retail Sales - September |
0.3% |
0.4 |
0.3 |
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Retail Sales, ex Autos |
0.2 |
0.0 |
0.2 |
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Retail Sales, ex Autos and Gas |
0.3 |
0.1 |
0.3 |
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Retail Sales, Autos |
1.8 |
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Business Inventories - August |
0.3% |
0.3 |
0.3 |
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NAHB Index |
68 |
68 |
68 |
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October 17 |
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Initial Unemployment Claims |
215K |
210 |
215 |
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Housing Starts - September |
1.289M |
1.364 |
1.300 |
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Building Permits |
1.350 |
1.419 |
1.335 |
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Philadelphia Fed Survey |
8.0 |
12.0 |
7.1 |
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Industrial Production - August |
0.0% |
0.6 |
-0.2 |
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Capacity Utilization |
77.9 |
77.9 |
77.7 |
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Manufacturing |
-0.1 |
0.5 |
-0.3 |
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October 18 |
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Leading Indicators |
0.2% |
0.0 |
0.2 |
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Week of October 21 |
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October 22 |
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Existing Home Sales - September |
5.430M |
5.490 |
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Richmond Fed Manufacturing Index |
-5 |
-9 |
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October 23 |
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FHFA House Price Index - August |
0.4% |
0.4 |
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October 24 |
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Durable Goods Sales - September |
-2.0% |
0.2 |
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PMI Manufacturing Flash Index |
50.0 |
51.1 |
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PMI Services Flash Index |
52.0 |
50.9 |
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New Home Sales - September |
680K |
713 |
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Kansas City Fed Manufacturing Index |
-2.0 |
-2.0 |
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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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