Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of March 16

March 16

NY Fed Manufacturing Index

6.0

12.9

4.4

March 17

Retail Sales - February

0.3%

0.3

0.2

Retail Sales, ex Autos

0.4

0.3

0.2

Retail Sales, ex-Autos, Gas

0.4

0.4

Industrial Production - February

0.3%

-0.3

0.4

Manufacturing Output

0.3

-0.1

0.3

Capacity Utilization

77.0

76.8

77.0

Business Inventories - January

0.0%

0.1

-0.1

NAHB Index

74

74

74

JOLTS - January

6.300M

6.423

6.402

March 18

Housing Starts - January

1.500M

1.567

1.500

Building Permits

1.500

1.551

1.505

FMOC

0.625%

1.125

March 19

Initial Unemployment Claims

218

211

218

Philadelphia Fed Survey

14.0

36.7

10.0

Current Account - Q4

-$109.0B

-124.1

-108.8

Leading Indicators - February

-0.1%

0.8

0.1

March 20

Existing Home Sales - February

5.430M

5.460

5.500

Week of March 23

March 23

Chicago Fed National Activity Index - February

-0.25

-0.25

March 24

PMI Manufacturing Flash Index

50.3

50.7

PMI Services Flash Index

50.0

49.4

New Home Sales - February

735K

764

Richmond Fed Manufacturing Index

0

-2

March 25

Durable Goods Orders - February

-1.0%

-0.2

FHFA Housing Price Index - January

0.5%

0.6

March 26

Initial Unemployment Claims

International Trade in Goods - February

-$62.0B

-65.5

Wholesale Inventories (a) - February

-0.5%

-0.4

GDP - Q4 (f)

2.1%

2.1

March 27

Personal Income - February

0.3%

0.6

Personal Spending -January

0.3

0.2

Michigan Consumer Sentiment - March (f)

95.0

95.9