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 |
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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