Economic Data Forecasts For The Weeks Of February 8 And 15
| Here are my forecasts for upcoming economic data. | |||
| Forecast | Prior Observation | Consensus | |
| Week of February 8 | |||
| February 9 | |||
| NFIB Small Business Optimism Index - January | 98.5 | 95.9 | |
| JOLTS - December | 6.400K | 6.527 | |
| February 10 | |||
| Consumer Price Index - January | 0.1% | 0.4 | 0.3 |
| Core CPI | 0.2 | 0.1 | 0.2 |
| Wholesale Inventories (f) | 0.1% | 0.1 | |
| Treasury Budget - January | -$625B | -143.6 | |
| February 11 | |||
| Initial Unemployment Claims | 750K | 779 | 750 |
| February 12 | |||
| Michigan Consumer Sentiment - February (p) | 81.0 | 79.0 | 80.7 |
| Week of February 15 | |||
| February 16 | |||
| NY Fed Manufacturing Index | 5 | 3.5 | |
| February 17 | |||
| Retail Sales - January | 0.6% | -0.7 | |
| Retail Sales, ex Autos | 0.8 | -1.4 | |
| Retail Sales, ex Autos and Gas | -2.1 | ||
| Producer Price Index - January | 0.3% | 0.3 | |
| Core PPI (PPI ex Food, Energy, Trade Services) | 0.2 | 0.4 | |
| Industrial Production - January | 0.4% | 1.6 | |
| Manufacturing Output | 0.5 | 0.9 | |
| Capacity Utilization | 74.8 | 74.5 | |
| Business Inventories - December | 0.3% | 0.5 | |
| February 18 | |||
| Housing Starts - January | 1.650M | 1.669 | |
| Building Permits | 1.670 | 1.709 | |
| Philadelphia Fed Survey | 20.00 | 26.5 | |
| Export Prices - January | 1.0% | 1.1 | |
| Import Prices | 1.0 | 0.9 | |
| Import Prices, Ex-Petroleum | 0.5 | 0.4 | |
| NAHB Index - February | 83 | 83 | |
| February 19 | |||
| Existing Home Sales - January | 6.560M | 6.760 | |
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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