Economic Data Forecasts For The Weeks Of July 11 And 18
Here are my forecasts for upcoming economic data.
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Forecast |
Prior Observation |
Consensus |
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Week of July 11 |
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July 12 |
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NFIB Small Business Optimism Index - July |
93.1 |
93.1 |
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July 13 |
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Consumer Price Index - June |
1.0% |
1.0 |
1.1 |
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Core CPI |
0.6 |
0.6 |
06 |
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Treasury Budget - June |
-$30.0B |
-66.2 |
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July 14 |
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Initial Unemployment Claims |
235 |
235 |
235 |
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Producer Producer Index - June |
0.8% |
0.8 |
0.8 |
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PPI less food energy and trade services |
0.5 |
0.5 |
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July 15 |
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Retail Sales - June |
0.4% |
-0.3 |
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Retail Sales, ex Autos |
0.6 |
0.5 |
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Retail Sales, ex Autos and Gasoline |
0.2 |
0.1 |
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Retail Sales, Gasoline |
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NY Fed Manufacturing Index |
0.0 |
-1.2 |
-2.0 |
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Export Prices - June |
0.7% |
0.6 |
1.1 |
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Import Prices |
0.7 |
2.8 |
0.7 |
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Import Prices, ex-Energy |
0.6 |
-0.1 |
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Industrial Production - June |
0.3% |
0.2 |
0.1 |
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Capacity Utilization |
79.2 |
79.0 |
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Manufacturing |
0.3 |
-0.1 |
0.0 |
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Business Inventories - May |
1.4% |
1.2 |
1.2 |
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Michigan Consumer Sentiment Index (p) |
50.0 |
50.0 |
49.8 |
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Week of July 18 |
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July 18 |
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NAHB Index - July |
67 |
67 |
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July 19 |
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Housing Starts - June |
1.630K |
1.545 |
1.559 |
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Building Permits |
1.695 |
1.695 |
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July 20 |
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Existing Home Sales - June |
5.330M |
5.410 |
5.410 |
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July 21 |
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Initial Unemployment Claims |
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Philadelphia Fed Survey |
2.0 |
-3.3 |
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Leading Indicators |
-0.3% |
-0.4 |
-0.4 |
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July 22 |
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PMI Manufacturing Flash Index |
53.0 |
52.7 |
52.4 |
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PMI Services Flash Index |
53.0 |
52.7 |
51.6 |
More By This Author:
Economic Data Forecasts For The Weeks Of July 4 And July 11
Economic Data Forecasts For The Weeks Of June 27 And July 4
Economic Data Forecasts for the Weeks of June 20 and 27
Peter Morici is an economist and emeritus business professor at the University of Maryland, and a national columnist.
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