Economic Data Forecasts For The Weeks Of March 8 And 15

Here are my forecasts for upcoming economic data.    
  Forecast Prior Observation Consensus
Week of March 8      
March 8      
Wholesale Inventories - January 1.3% 1.3 1.3
       
March 9      
NFIB Small Business Optimism Index - February 96.0 95.0  
       
March 10      
Consumer Price Index - February 0.3% 0.3 0.4
CPI Core 0.2 0.0 0.2
       
Treasury Budget - January  -$632B -162.8  
       
March 11      
Initial Unemployment Claims 725K 745 725
JOLTS - January 6.650M 6.646  
       
March 12      
Producer Price Index - February 0.3% 1.2  
PPI less food, energy and trade services 0.2 1.2  
       
Michigan Consumer Sentiment - March (p) 88.5 86.2 88.3
       
Week of March 15      
March 15      
NY Fed Manufacturing Index 12.1 12.1 13.8
       
March 16      
Retail Sales - February -1.0% 5.3 -0.1
Retail Sales, ex Autos -1.6 5.9  
Retail Sales, ex-Autos, Gas -1.7 6.1  
       
Export Prices - February 1.0% 2.5 1.1
Import Prices 1.1 1.4 1.2
Import Prices, Ex-Petroleum 0.4 0.9  
       
Industrial Production - February 0.8% 0.9 0.8
Manufacturing Output 1.0 1.0  
Capacity Utilization 76.1 75.6 75.8
       
Business Inventories - January 0.7% 0.6 0.4
       
March 17      
Housing Starts - February 1.500M 1.580 1.540
Building Permits 1.650 1.881 1.720
       
FMOC 0.125% 0.125  
       
March 18      
Philadelphia Fed Survey 20.0 23.1  
       
Leading Indicators - February 0.5% 0.5 0.4
NAHB Index 83 84  
       

 

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