Economic Data Forecasts For The Weeks Of June 8 And 15
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Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
Consensus |
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Week of June 8 |
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June 9 |
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NFIB Small Business Optimism Index - May |
90.9 |
90.9 |
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Wholesale Inventories - April |
0.4% |
0.4 |
0.4 |
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JOLTS - April |
6.000M |
6.191 |
5.750 |
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June 10 |
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Consumer Price Index - May |
0.0% |
-0.8 |
0.0 |
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Core CPI |
0.1 |
-0.4 |
0.0 |
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FMOC |
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Treasury Budget - May |
-$680.0B |
-737.9 |
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June 11 |
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Initial Unemployment Claims |
1628K |
1877 |
1525 |
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Producer Price Index - May |
0.1% |
-1.3 |
0.1 |
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PPI Core |
0.2 |
-0.9 |
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June 12 |
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Export Prices - May |
0.7% |
-3.3 |
0.7 |
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Import Prices |
0.8 |
-2.6 |
0.6 |
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Michigan Consumer Sentiment - June (p) |
72.3 |
72.3 |
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Week of June 15 |
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June 15 |
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NY Fed Manufacturing Index |
-35 |
-48.5 |
-30 |
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June 16 |
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Retail Sales - May |
6.0% |
-16.4 |
6.3 |
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Retail Sales, ex Autos |
5.0 |
-17.2 |
4.5 |
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Industrial Production - May |
-2.0% |
-11.2 |
2.0 |
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Capacity Utilization |
62.9 |
64.9 |
66.4 |
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Manufacturing Output |
-2.0 |
-13.7 |
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Business Inventories - April |
0.0% |
-0.2 |
-0.8 |
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NAHB Index - June |
45 |
37 |
45 |
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June 17 |
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Housing Starts - May |
1.100M |
0.891 |
1.060 |
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Building Permits |
1.300 |
1.074 |
1.125 |
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June 18 |
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Initial Unemployment Claims |
1628K |
1877 |
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Philadelphia Fed Survey Index |
-30.0 |
-43.1 |
-25 |
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Leading Indicators |
1.2% |
-4.4 |
1.0 |
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June 19 |
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Current Account - Q1 |
-$105.0B |
-109.8 |
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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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