Economic Data Forecasts For The Weeks Of April 8 And 15
Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
Consensus |
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Week of April 8 |
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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 |
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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 |
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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 |
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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 |
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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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