Economic Data Forecasts For The Weeks Of Feb. 5 And 12

Here are my forecasts for upcoming economic data    
  Forecast Prior Observation Consensus
Week of  February 5      
February 5      
PMI Services Index - January 52.9 52.9  
ISM Services - January 51.6 50.6 52.0
       
February 7      
International Trade - December -$62.2B -63.2 -62.0
Consumer Credit - December $10.0B 23.7 15.0
       
February 8      
Initial Unemployment Claims 220K 224 220
Wholesale Inventories (f) 0.4% 0.4 0.4
       
Week of February 12      
February 12      
Treasury Budget - January -20.0B -129.4  
       
February 13      
NFIB Small Business Optimism Index - January 92.9 91.9  
       
Consumer Price Index - January 0.2% 0.3  
Core CPI 0.3 0.3  
       
February 15      
Retail Sales - January 0.2% 0.6  
Retail Sales, ex Autos 0.3 0.4  
Retail Sales, ex Autos and Gas 0.4 0.6  
       
Philadelphia Fed Survey -15.0 -10.6  
NY Fed Manufacturing Index -20.2 -43.7  
       
Export Prices - January -0.2% -1.6  
Import Prices -0.1 0.0  
Import Prices, Ex-Petroleum -0.2 0.0  
       
Industrial Production - January -0.1% 0.1  
Manufacturing Output -0.1 0.1  
Capacity Utilization 78.4 78.6  
       
Business Inventories - December 0.3% -0.1  
NAHB Index - February  46 44  
       
February 16      
Producer Price Index - January 0.2% -0.1  
Core PPI (PPI ex Food, Energy, Trade Services) 0.2 0.2  
       
Housing Starts - January 1.490M 1.460  
Building Permits 1.520 1.495  
       
Michigan Consumer Sentiment - February (p) 80.0 79.0  
     

More By This Author:

Economic Data Forecasts For The Weeks Of Jan. 29 And Feb. 5
Economic Data Forecasts For The Weeks Of Dec. 18 And 25
Economic Data Forecasts For The Weeks Of December 11 And 18

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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