Economic Data Forecasts For The Weeks Of April 7 And 14
| Here are my forecasts for upcoming economic data | ||
| Forecast | Prior | |
| Observation | ||
| Week of April 7 | ||
| April 7 | ||
| Consumer Credit - February | $15.0B | 18.1 |
| April 8 | ||
| NFIB Small Business Optimism Index - March | 98.7 | 100.7 |
| April 9 | ||
| Wholesale Inventories - February (r) | 0.3% | 0.3 |
| April 10 | ||
| Consumer Price Index - March | 0.2% | 0.2 |
| Core CPI | 0.3 | 0.2 |
| Treasury Budget - March | -$90.0B | -307.0 |
| April 11 | ||
| Producer Price Index - March | 0.1% | 0.0 |
| PPI less food, energy and trade services | 0.3 | 0.2 |
| Michigan Consumer Sentiment - April (p) | 55.0 | 57.0 |
| Year Ahead Inflation | 5.1% | 5.0 |
| 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 |
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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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