Economic Data Forecasts For The Weeks Of February 12 And 19
| Here are my forecasts for upcoming economic data | |||
| Forecast | Prior Observation | Consensus | |
| Week of February 12 | |||
| February 12 | |||
| Treasury Budget - January | -20.5B | -129.4 | -21.0 |
| February 13 | |||
| NFIB Small Business Optimism Index - January | 92.9 | 91.9 | |
| Consumer Price Index - January | 0.2% | 0.3 | 0.2 |
| Core CPI | 0.3 | 0.3 | 0.3 |
| February 15 | |||
| Initial Unemployment Claims | 218K | 218 | 220 |
| Retail Sales - January | 0.2% | 0.6 | -0.1 |
| Retail Sales, ex Autos | 0.4 | 0.4 | 0.3 |
| Retail Sales, ex Autos and Gas | 0.5 | 0.6 | |
| Philadelphia Fed Survey | -10.0 | -10.6 | -8.0 |
| NY Fed Manufacturing Index | -20.2 | -43.7 | -15.0 |
| Export Prices - January | -0.2% | -1.6 | -0.1 |
| Import Prices | -0.1 | 0.0 | -0.1 |
| Import Prices, Ex-Petroleum | -0.2 | 0.0 | |
| Industrial Production - January | 0.4% | 0.1 | 0.3 |
| Manufacturing Output | 0.0 | 0.1 | 0.0 |
| Capacity Utilization | 78.9 | 78.6 | 78.8 |
| Business Iinventories - December | 0.4% | -0.1 | 0.4 |
| NAHB Index - February | 46 | 44 | 46 |
| February 16 | |||
| Producer Price Index - January | 0.2% | -0.1 | 0.1 |
| Core PPI (PPI ex Food, Energy, Trade Services) | 0.2 | 0.2 | |
| Housing Starts - January | 1.490M | 1.460 | 1.470 |
| Building Permits | 1.520 | 1.495 | 1.515 |
| Michigan Consumer Sentiment - February (p) | 78.0 | 79.0 | 80.0 |
| Week of February 19 | |||
| February 20 | |||
| Leading Indicators - January | -0.3% | -0.1 | |
| February 22 | |||
| Chicago Fed National Activity Index | -0.25 | -0.15 | |
| PMI Manufacturing Flash Index | 50.0 | 50.7 | |
| PMI Services Flash Index | 51.5 | 52.5 | |
| Existing Home Sales - January | 3.970M | 3.78 | |
More By This Author:
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Economic Data Forecasts For The Weeks Of Dec. 18 And 25
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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