Economic Data Forecasts For The Weeks Of February 17 And 24
Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
Consensus |
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Week of February 17 |
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February 18 |
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NY Fed Manufacturing Index |
4.0 |
4.8 |
5.0 |
|
NAHB Index - February |
73 |
75.0 |
75 |
|
February 19 |
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Producer Price Index - January |
0.1% |
0.1 |
0.1 |
|
Core PPI (PPI ex Food, Energy, Trade Services) |
0.2 |
0.1 |
0.2 |
|
Housing Starts - January |
1.400M |
1.608 |
1.415 |
|
Building Permits |
1.420 |
1.416 |
1.450 |
|
February 20 |
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Philadelphia Fed Survey |
8.0 |
17.0 |
12.0 |
|
Initial Unemployment Claims |
212K |
205 |
210 |
|
Leading Indicators - January |
0.1% |
-0.3 |
0.4 |
|
February 21 |
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PMI Manufacturing Flash Index |
51.0 |
51.9 |
51.5 |
|
PMI Services Flash Index |
53.5 |
53.4 |
53.4 |
|
Existing Home Sales - January |
5.350M |
5.540 |
5,45 |
|
Week of February 24 |
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February 24 |
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Chicago Fed National Activity Index |
-0.20 |
-0.35 |
||
Dallas Fed Manufacturing Index |
0.0 |
-0.2 |
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February 25 |
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S&P Case/Shiller Index - December |
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Twenty City M/M |
0.0% |
0.1 |
||
Twenty City M/M - SA |
0.5 |
0.5 |
0.5 |
|
Twenty City Y/Y |
2.8 |
2.6 |
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FHFA Housing Market Index - December |
0.4% |
0.2 |
||
Consumer Confidence Index - February |
132.5 |
131.6 |
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Richmond Fed Manufacturing Index |
5 |
20 |
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February 26 |
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New Home Sales - Jan |
695K |
694 |
705 |
|
February 27 |
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Durable Goods Orders - January |
1.2% |
2.4 |
-1.5 |
|
GDP - Q4 (p) |
2.1% |
2.1 |
2.100 |
|
Pending Home Sales - January |
105.0 |
103.2 |
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February 28 |
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International Trade in Goods - January (a) |
-68.5 |
-68.3 |
||
Wholesale Inventories (a) - January |
-0.2% |
-0.2 |
||
Personal Income - January |
0.3% |
0.2 |
0.3 |
|
Personal Spending |
0.3 |
0.3 |
0.3 |
|
Chicago PMI - February |
45.5 |
42.9 |
45.3 |
|
Michigan Consumer Sentiment - February (r) |
100.9% |
100.9 |
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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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