Economic Data Forecasts For The Weeks Of April 8 And 15

Here are my forecasts for upcoming economic data.

     
 

Forecast

Prior Observation

Consensus

 

Week of April 8

       

April 8

       

Factory Orders - February

-0.6%

0.1

-0.5

 

Durable Goods Orders

-1.6

-1.6

   

Nondurable Goods Orders

0.3

0.3

   
         
         

April 9

       

NFIB Small Business Optimism Index - March

101.7

101.7

102.0

 

JOLTS - February

7.581M

7.581

7.565

 
         

April 10

       

Consumer Price Index - March

0.3%

0.2

0.3

 

Core CPI

0.2

0.1

0.2

 
         

Treasury Budget - March

-$185.0B

-234.0

-195.9

 
         

April 11

       

Initial Unemployment Claims

210K

202

211

 
         

Producer Price Index - March

0.3%

0.1

0.3

 

PPI less food, energy and trade services

0.2

0.1

0.2

 
         

April 12

       

Export Prices - March

0.2%

0.6

0.3

 

Import Prices

0.3

0.6

0.4

 
         

Michigan Consumer Sentiment - April (p)

98.0

98.4

98.2

 
         

Week of April 15

       

April 15

       

NY Fed Manufacturing Index

8.0

3.7

   
         

April 16

       

Industrial Production - March

0.3%

0.0

   

Capacity Utilization

79.3

79.1

   

Manufacturing

0.3

-0.4

   
         

NAHB Index - April

63

62

   
         

April 17

       

International Trade - February

-$54.0B

-51.1

   

Wholesale Inventories - February

0.1%

1.2

   
         

April 18

       

Philadelphia Fed Survey

10.0

13.7

   

Leading Indicators - March

0.2%

0.2

   
         

Retail Sales - March

0.8%

-0.2

   

Retail Sales, ex Autos

0.7

-0.4

   

Retail Sales, ex Autos and Gas

0.6

-0.6

   
         

Business Inventories - February

0.1%

0.8

   
         

April 19

       

Housing Starts - March

1.270M

1.163

   

Building Permits

1.300

1.291

   
         
 

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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