Economic Data Forecasts For The Weeks Of June 12 And 19

Person Holding White and Blue Box

Image Source: Pexels

 

 

Here are my forecasts for upcoming economic data.

   
 
Forecast
Prior Observation
Consensus
Week of June 12
 
 
 
June 12
 
 
 
Treasury Budget - May
-$236.0B
176.2
-236
 
 
 
 
June 13
 
 
 
NFIB Small Business Optimism Index - May
88
89
 
 
 
 
 
Consumer Price Index - May
0.2%
0.4
0.2
Core CPI
0.4
0.4
0.4
Energy
 
0.6
 
 
 
 
 
June 14
 
 
 
Producer Price Index - May
0.0%
0.2
-0.1
PPI Core
0.3
0.2
0.2
Energy
 
0.8
 
 
 
 
 
FMOC
 
 
 
 
 
 
 
June 15
 
 
 
Retail Sales - May
0.1%
0.4
-0.1
Retail Sales, ex Autos
0.3
0.4
0.1
Retail Sales, ex Autos and Gas
 
0.6
 
 
 
 
 
Philadelphia Fed Survey Index
-14.5
-10.4
-13.5
NY Fed Manufacturing Index
-16.0
-31.8
-15.8
 
 
 
 
Export Prices -  May
-0.6%
0.2
0.0
Import Prices
-0.6
0.4
-0.6
Import Prices, ex-Peteroleum
-0.1
-0.1
 
 
 
 
 
Initial Unemployment Claims
235K
261
250
 
 
 
 
Industrial Production - June
0.0%
0.5
0.1
Capacity Utilization
79.6
79.7
79.7
Manufacturing
-0.1
1.0
-0.1
 
 
 
 
Business Inventories - April
0.2%
-0.2
0.2
 
 
 
 
June 16
 
 
 
Michigan Consumer Sentiment - June (p)
59.4
59.2
60
 
 
 
 
Week of June 19
 
 
 
June 19
 
 
 
NAHB Index - June
50
50
 
 
 
 
 
June 20
 
 
 
Housing Starts - May
1.410M
1.401
 
Building Permits
1.435
1.416
 
 
 
 
 
June 22
 
 
 
Current Account - Q1
-$218.20
-206.8
 
Chicago Fed National Activity Index - May
0.15
0.07
 
Leading Indicators 
-0.4
-0.6
 
Existing Home Sales - May
4.17K
4.280
 
Kansas City Fed Manufacturing 
 
-1
 
 
 
 
 
June 23
 
 
 
PMI Manufacturing Flash Index
49.5
48.4
 
PMI Services Flash Index
53.5
54.9
 
 
 
 
 

More By This Author:

Economic Data Forecasts For The Weeks Of June 5 And 12
Economic Data Forecasts For The Weeks Of May 29 And June 2
Economic Data Forecasts For The Weeks Of May 22 And 29

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 ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with