Forecast

Prior Observation

Consensus

Week of August 8

August 9

NFIB Small Business Optimism Index - July

89.5

89.5

Productivity - Q2 (p)

-6.0%

-7.3

-4.6

Unit Labor Costs

9.0

12.6

9.0

August 10

Consumer Price Index - July

0.3%

1.3

0.2

CPI Core

0.7

0.7

0.5

Wholesale Inventories - June

1.9%

1.9

1.9

Treasury Budget - July

-$162.0B

-88.8

August 11

Initial Unemployment Claims

265K

260

263

Producer Price Index - July

0.3%

0.8

0.3

PPI less food energy and trade services

0.5

0.6

August 12

Export Prices -  July

-1.4%

0.7

-0.4

Import Prices

-1.3

0.2

-1.0

Import Prices, ex-Petroleum

0.0

-0.4

Michigan Consumer Sentiment (p)

52.0

51.5

52.2

Week of August 15

August 15

New York Fed Manufacturing Index

7.0

11.1

NAHB Index

55

55

August 16

Housing Starts - July

1.575M

1.559

Building Permits

1.700

1.696

Industrial Production - July 

0.3%

-0.2

Manufacturing

0.3

-0.5

Capacity Utilization

80.1

80.0

August 17

Retail Sales - July

0.0%

1.0

Retail Sales, ex Autos

-0.1

1.0

Retail Sales, ex Autos and Gas

0.1

0.7

Business Inventories - June

1.4%

1.6

August 18

Philadelphia Fed Survey

-0.4

-12.3

Leading Economic Indicators

-0.4%

-0.8

Existing Home Sales - July

4.810M

5.12