Economic Data Forecasts For The Weeks Of April 6 And April 13

Here are my forecasts for upcoming economic data.

     
 

Forecast

Prior Observation

Consensus

 

Week of April 6

       

April 7

       

JOLTS - February

 

6.963

   

Consumer Credit - February

$15.0

12.0

14.0

 
         

April 9

       

Initial Unemployment Claims

3.000M

6.648

5.000

 

Michigan Consumer Sentiment - April (p)

80.0

89.1

75

 

Wholesale Inventories - February

-0.5%

-0.5

-0.5

 
         

Producer Price Index - March

-0.1%

-0.6

-0.3

 

PPI less food, energy and trade services

0.2

-0.1

   
         

April 10

       

Consumer Price Index - March

-0.3%

0.1

-0.3

 

Core CPI

0.2

0.2

0.1

 
         

Treasury Budget - March

-$120B

-235.3

   
         

Week of April 13

       

April 14

       

NFIB Small Business Optimism Index - March

90

105

   
         

Export Prices - March

-2.0%

-1.1

   

Import Prices

-3.0

-0.5

   

Import Prices, Ex-Petroleum

-0.2

0.2

   
         

April 15

       

Retail Sales - March

-1.5%

-0.5

   

Retail Sales, ex Autos

-0.7

-0.4

   

Retail Sales, ex-Autos, Gas

-0.7

-0.3

   
         

NY Fed Manufacturing Index

-35.0

-22.5

   
         

Industrial Production - March

-5.0%

0.6

   

Capacity Utilization

72.0

77.0

   
         

Business Inventories - February

-0.4%

-0.1

   

NAHB Index - April

65

72

   
         

April 16

       

Housing Starts - March

1.300M

1.599

   

Building Permits

1.300

1.464

   
         

Philadelphia Fed Survey

-30.0

-12.7

   
         

April 17

       

Leading Indicators - March

-7.0%

0.1

   
       

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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