Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of March 6

March 6

Factory Orders - January

-1.8%

1.8

-1.8

Durable Goods Orders 

-4.5

5.6

Nondurable Goods Orders 

1.2

-1.9

March 7

Wholesale Inventories - January

-0.4

-0.4

-0.4

Consumer Credit - January

$28.8.B

11.6

22.85

March 8

ADP Employment Report - February

215K

106

195

International Trade - January

-$68.6

-67.4

-69.0

JOLTS - January

10.800M

11.012

10.600

March 9

Initial Unemployment Claims

195K

190

195

March 10

Nonfarm Payrolls - February

290K

517

200

Private

275

443

210

Manufacturing

15

19

15

Unemployment

3.4%

3.4

3.4

Average Workweek

34.5HR

34.7

34.6

Average Hourly Earnings

0.3%

0.3

0.3

Tresury Budget - February

-$225.8B

38.8

Week of March 13

March 14

NFIB Small Business Optimism Index - February

91.5

90.3

Consumer Price Index - February

0.5%

0.5

CPI Core

0.4

0.4

March 15

Retail Sales - February

0.6%

3.0

Retail Sales, ex Autos

0.8

2.3

PPI

0.3%

0.7

PPI less food, energy and trade services

0.3

0.6

NY Fed Manufacturing Index

-6.3

-5.8

Business Inventories - January

0.3

0.3

NAHB Index

40

42

March 16

Housing Starts - February

1.330M

1.309

Building Permits

1.350M

1.339

Philadelphia Fed Survey

-16.6

-24.3

Export Prices - February

-0.3%

0.8

Import Prices

-0.3

-0.2

Import Prices, Ex-Petroleum

-0.2

0.2

March 17

Industrial Production - February

0.8%

0.0

Manufacturing Output

0.3

1.0

Capacity Utilization

78.5

78.3

Michigan Consumer Sentiment - March (p)

67.0

67.0

Leading Indicators - February

-0.2%

-0.3