Economic Data Forecasts For The Weeks Of July 15 & 22

Here are my forecasts for upcoming economic data.

		Prior
	Forecast	Observation
Week of July 15
July 15
NY Fed Manufacturing Index	-6.0	-6.0

July 16
Retail Sales - June	0.3%	0.1
Retail Sales, ex Autos	0.2	-0.1
Retail Sales, ex Autos and Gasoline	0.4	0.1

Export Prices - June	-0.1%	-0.6
Import Prices	-0.1	-0.4
Import Prices, ex-Energy	-0.1	-0.3

Business Inventories - May	0.5%	0.3
NAHB Index - July	45	43

July 17
Housing Starts - June	1.345M	1.277
Building Permits	1.430	1.386

Industrial Production - June	0.0%	0.9
Capacity Utilization	78.1	78.2
Manufacturing	-0.1%	0.9

July 18
Philadelphia Fed Survey	2.9	1.3
Leading Indicators	-0.3%	-0.5

Week of July 22
July 22
Chicago Fed National Activity Index - June	0	0.18
Richmond Fed Manufacturing Index	-5.0	-10

July 23
Existing Home Sales - June	3.911M	4.110

July 24
PMI Manufacturing Flash Index	51.3	51.6
PMI Services Flash Index	55.5	55.3

New Home Sales - June	659K	619

July 25
GDP - Q2 (a)	2.0%	1.4
Durable Goods Orders - June	0.5%	0.1
International Trade in Goods - June	-$98.6B	-100.6

July 26
Personal Income - June	0.4%	0.5
Personal Spending	0.3	0.2
Real Personal Spending	0.1	0.1

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