Economic Data Forecasts For The Weeks Of March 15 And 22
| Here are my forecasts for upcoming economic data. | |||
| Forecast | Prior Observation | Consensus | |
| Week of March 15 | |||
| March 15 | |||
| NY Fed Manufacturing Index | 12.2 | 12.1 | 14.5 |
| March 16 | |||
| Retail Sales - February | -1.0% | 5.3 | -0.6 |
| Retail Sales, ex Autos | -0.8 | 5.9 | -0.1 |
| Export Prices - February | 1.0 |
2.5 | 1.0 |
| Import Prices | 1.2 | 1.4 | 1.2 |
| Industrial Production - February | 0.3% | 0.9 | 0.4 |
| Manufacturing Output | -0.1 | 1.0 | 0.2 |
| Capacity Utilization | 75.8 | 75.6 | 75.8 |
| Business Inventories - January | 0.7% | 0.6 | 0.3 |
| NAHB Index | 84 | 84 | 83 |
| March 17 | |||
| Housing Starts - February | 1.500M | 1.580 | 1.565 |
| Building Permits | 1.650 | 1.881 | 1.750 |
| FMOC | 0.125% | 0.125 | 0.1 |
| March 18 | |||
| Initial Unemployment Claims | 695K | 712 | 705 |
| Philadelphia Fed Survey | 22.0 | 23.1 | 23.1 |
| Leading Indicators - February | 0.5% | 0.5 | 0.4 |
| Week of March 22 | |||
| March 22 | |||
| Chicago Fed National Activity Index - February | 0.85 | 0.66 | |
| Existing Home Sales - February | 6.490M | 6.690 | 6.530 |
| March 23 | |||
| Current Account - Q4 | -$184.0B | -178.5 | |
| New Home Sales - February | 850K | 923 | 868 |
| Richmond Fed Manufacturing Index | 14 | 14 | |
| March 24 | |||
| Durable Goods Orders - February | -0.5 | 3.4 | 1.3 |
| PMI Manufacturing Flash Index | 58.0 | 58.6 | |
| PMI Services Flash Index | 60.0 | 59.8 | |
| March 25 | |||
| GDP - Q4 (f) | 4.1 | 4.1 | 4.1 |
| Kansas City Fed Manufacturing Index | 24 | 24 | |
| March 26 | |||
| International Trade in Goods - February | -84.8 | -84.6 | |
| Wholesale (a) - February | 1.2 | 1.3 | |
| Personal Income - February | -7.0% | 10.5 | -6.5 |
| Personal Spending - February | 0.0 | 2.4 | 0.3 |
| Michigan Consumer Sentiment - March (f) | 83.0 | 83.0 | 83.0 |
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