Economic Data Forecasts For The Weeks Of April 14 And 21

Here are my forecasts for upcoming economic data.      
    Prior  
  Forecast Observation  
Week of April 14      
April 15      
NY Fed Manufacturing Index -10.0 -20.0  
       
Export Prices - March -0.1% 0.1  
Import Prices -0.1 0.4  
Import Prices, Ex-Petroleum 0.2 0.3  
       
April 16      
Retail Sales - March 0.3% 0.2  
Retail Sales, ex Autos 0.2 0.3  
Retail Sales, ex-Autos, Gas 0.4 0.5  
       
Industrial Production - March  -0.4% 0.7  
Manufacturing 0.0 0.9  
Capacity Utilization 77.8 78.2  
       
Business Inventories - February 0.3% 0.3  
NAHB Index - April 41 39  
       
April 17      
Housing Starts - March 1.425M 1.501  
Building Permits 1.460 1.456  
       
Philadelphia Fed Survey  7.4 12.5  
       
Week of April 21      
April 21      
Leading Indicators - March -0.3% -0.3  
       
April 22*      
Chicago Fed National Activity Index - March 0.18 0.18  
Richmond Fed Manufacturing Survey -4.0 -4.0  
       
PMI Manufacturing Flash Index 49.5 50.2  
PMI Services Flash Index 53.5 54.5  
       
April 23      
New Home Sales - March 686M 676  
       
April 24      
Initial Jobless Claims      
Durable Goods Orders - March 0.0% 1.0  
Existing Home Sales - March 4.100M 4.090  

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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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