Economic Data Forecasts For The Weeks Of February 10 And 17

Here are my forecasts for upcoming economic data.

       
 

Forecast

Prior Observation

Consensus

 

Week of February 10

       

February 11

       

NFIB Small Business Optimism Index - January

103

103

   

JOLTS - December

6.700M

6.800

   
         

February 12

       

Treasury Budget - January

$11.5B

-13.3

   
         

February 13

       

Initial Unemployment Claims

215K

202

212

 
         

Consumer Price Index - January

0.2%

0.2

0.2

 

Core CPI

0.2

0.1

0.2

 
         

February 14

       

Retail Sales - January

0.3%

0.3

0.3

 

Retail Sales, ex Autos

0.4

0.7

0.3

 
         

Export Prices - January

0.0%

-0.2

0.0

 

Import Prices

-0.3

0.3

-0.3

 
         

Industrial Production - January

-0.4%

-0.3

-0.2

 

Manufacturing Output

0.0

0.2

0.0

 

Capacity Utilization

76.8

77.0

76.8

 
         

Business Inventories - December

0.1%

-0.2

0.1

 

Michigan Consumer Sentiment - February (p)

99.3

99.8

99.3

 
         

Week of February 17

       

February 18

       

NY Fed Manufacturing Index

4.0

4.8

4.5

 

NAHB Index - February

73

75.0

74

 
         

February 19

       

Producer Price Index - January

0.2%

0.1

0.2

 

Core PPI (PPI ex Food, Energy, Trade Services)

0.2

0.1

   
         

Housing Starts - January

1.400M

1.608

1.395

 

Building Permits

1.420

1.416

1.43

 
         

February 20

       

Philadelphia Fed Survey

8

17

10

 

Leading Indicators - January

0.1%

-0.3

0.3

 
         

February 21

       

Existing Home Sales - January

5.350M

5.540

5.46

 
         
 


 


 

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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