Economic Data Forecasts For The Weeks Of May 6 & 13

Here are my forecasts for upcoming economic data.

       
  Forecast Prior  
    Observation  
Week of May 6      
May 7      
Consumer Credit - March 15.5 14.1  
       
May 8      
Wholesale Inventories - March -0.4% -0.4  
       
May 10      
Treasury Budget - April  $270.0B -236.5  
Michigan Consumer Sentiment - May (p) 77.2 77.2  
       
Week of May 13      
May 14      
NFIB Small Business Optimism - April 88.5 88.5  
       
Producer Price Index - April 0.2% 0.2  
PPI less food, energy and trade services 0.3 0.2  
       
May 15      
Consumer Price Index - April 0.3% 0.4  
Core CPI 0.3 0.4  
       
Retail Sales - April 0.4% 0.7  
Retail Sales, ex Autos 0.4 1.1  
Retail Sales,ex autos and gas 0.4 1.0  
       
NY Fed Manufacturing Index -7.7 -14.3  
       
Business Inventories - March 0.0% 0.3  
NAHB Index - May 52 51  
       
May 16      
Housing Starts - April 1.435M 1.321  
Building Permits 1.500 1.458  
       
Philadelphia Fed Survey 9.4 15.5  
       
Export Prices - April 0.2% 0.3  
Import Prices 0.1 0.4  
Import Prices, Ex-Petroleum -0.1 0.0  
       
Industrial Production - April 0.2% 0.4  
Capacity Utilization 0.0 0.5  
Manufacturing 78.4 78.4  
       
May 17      
Leading Indicators  -0.2 -0.3

More By This Author:

Economic Data Forecasts For The Weeks Of April 29 & May 6
Economic Data Forecasts For The Weeks Of April 22 & 29
Economic Data Forecasts For The Weeks Of April 15 & 22

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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