Economic Data Forecasts For The Weeks Of March 17 And 24
| Here are my forecasts for upcoming economic data. | |||
| Forecast | Prior Observation | ||
| Week of March 17 | |||
| March 17 | |||
| Retail Sales - February | 0.9% | -0.9 | |
| Retail Sales, ex Autos | 0.9 | -0.4 | |
| Retail Sales, ex-Autos, Gas | 1.0 | -0.5 | |
| NY Fed Manufacturing Index | 5.0 | 5.7 | |
| Business Inventories - January | 0.3% | -0.2 | |
| NAHB Index | 42 | 42 | |
| March 18 | |||
| Housing Starts - February | 1.380M | 1.366 | |
| Building Permits | 1.440 | 1.483 | |
| Export Prices - February | -0.3% | 1.3 | |
| Import Prices | -0.3 | 0.3 | |
| Import Prices, Ex-Petroleum | 0.0 | 0.1 | |
| Industrial Production - February | 0.2% | 0.5 | |
| Manufacturing Output | 0.0 | -0.1 | |
| Capacity Utilization | 77.8 | 77.8 | |
| March 19 | |||
| FOMC | 4.375% | 4.375 | |
| March 20 | |||
| Philadelphia Fed Survey | 12.0 | 18.1 | |
| Current Account - Q4 | -$340.0 | -310.9 | |
| Leading Indicators - February | -0.1 | -0.3 | |
| Existing Home Sales - February | 3.880M | 4.080 | |
| Week of March 24 | |||
| March 24 | |||
| PMI Manufacturing Flash Index | 51.5 | 52.7 | |
| PMI Services Flash Index | 52.0 | 51.0 | |
| March 25* | |||
| Chicago Fed National Activity Index - February | -0.5 | -0.03 | |
| S&P Case/Shiller Index - January | |||
| Ten City M/M | |||
| Ten City Y/Y | |||
| Twenty City M/M | 0.2% | -0.1 | |
| Twenty City M/M - SA | 0.2 | 0.5 | |
| Twenty City Y/Y | 4.4 | 4.5 | |
| Third Quarter Twenty City Q/Q - SA | |||
| FHFA Housing Price Index - January | 0.3% | 0.4 | |
| Consumer Confidence Index - March | 98.3 | 98.3 | |
| New Home Sales - February | 690K | 657 | |
| Richmond Fed Manufacturing Index | 0 | 6 | |
| March 26 | |||
| Durable Goods Orders - February | 0.3% | 3.2 | |
| March 27 | |||
| International Trade in Goods - February | -$135.0B | -153.3 | |
| Wholesale Inventories (a) - February | |||
| GDP - Q4 (f) | 1.3% | 2.3 | |
| Pending Home Sale Index - February | 74.0 | 70.6 | |
| Personal Income - February | 0.4% | 0.9 | |
| Personal Spending - February | 0.8 | -0.2 | |
| Core PCE Price Index | 0.3 | 0.3 | |
| PCE Price Index | 0.3 | 0.3 | |
| Michigan Consumer Sentiment - March (f) | 64.7 | 64.7 | |
| Chicago PMI - March | 45.5 | 45.5 | |
More By This Author:
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Economic Data Forecasts For The Weeks Of Feb. 3 and 10
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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