Economic Data Forecasts For The Weeks Of May 13 And 20
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Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
Consensus |
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Week of May 13 |
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May 14 |
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Export Prices - April |
0.6% |
0.7 |
0.5 |
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Import Prices |
0.7 |
0.6 |
0.7 |
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Import Prices, Ex-Petroleum |
0.2 |
0.2 |
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May 15 |
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Retail Sales - April |
0.2% |
1.6 |
0.3 |
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Retail Sales, ex Autos |
0.8 |
1.2 |
0.7 |
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Retail Sales,ex autos and gas |
0.5 |
0.9 |
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NY Fed Manufacturing Index |
10.5 |
10.1 |
9.9 |
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Industrial Production - April |
0.1% |
-0.1 |
0.0 |
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Capacity Utilization |
78.8 |
78.8 |
78.8 |
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Manufacturing |
0.1 |
0.0 |
0.1 |
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Business Inventories - March |
0.0% |
0.3 |
0.0 |
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NAHB Index - May |
64 |
63 |
64 |
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May 16 |
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Initial Unemployment Claims |
218K |
228 |
223 |
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Housing Starts - April |
1.218K |
1.139 |
1.200 |
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Building Permits |
1.290 |
1.269 |
1.290 |
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Philadelphia Fed Survey |
10.0 |
8.5 |
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May 17 |
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Leading Indicators |
0.2% |
0.4 |
0.2 |
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Michigan Consumer Sentiment - May (p) |
97.5 |
97.2 |
97.5 |
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Week of May 20 |
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May 20 |
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Chicago Fed National Activity Index - April |
-0.05 |
-0.15 |
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May 21 |
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Existing Home Sales - April |
5.380M |
5.21 |
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May 23 |
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PMI Manufacturing Flash Index |
53.0 |
53.0 |
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PMI Services Flash - April |
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New Home Sales - April |
675K |
692 |
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May 24 |
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Durable Goods Sales - April |
-2.0% |
2.6 |
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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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