Economic Data Forecasts For The Weeks Of July 15 & 22

By Peter Morici
Monday, July 15, 2024 1:45 AM EDT

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

More By This Author:

Economic Data Forecasts For The Weeks Of June 8 & 15
Economic Data Forecasts For The Weeks Of May 24 & 31
Economic Data Forecasts For The Weeks Of May 17 & 24

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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