Economic Data Forecasts For The Weeks Of May 8 And 15
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Here are my forecasts for upcoming economic data | |||
Forecast | Prior Observation | Consensus | |
Week of May 8 |
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May 8 |
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Wholesale Inventories - March |
0.10% |
0.1 |
0.1 |
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May 9 |
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NFIB Small Business Optumism - April |
89.8 |
90.1 |
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May 10 |
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Consumer Price Index - April |
0.4% |
0.1 |
0.4 |
Core CPI |
0.4 |
0.4 |
0.4 |
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Treasury Budget - April |
$400B |
-378.1 |
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May 11 |
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Initial Unemployment Claims |
245K |
242 |
245 |
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Producer Price Index - April |
0.3% |
-0.5 |
0.3 |
PPI less food, energy and trade services |
0.3 |
0.1 |
0.2 |
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May 13 |
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Export Prices - April |
0.2% |
-0.3 |
0.3 |
Import Prices |
0.3 |
-0.6 |
0.3 |
Import Prices, Ex-Petroleum |
-0.3 |
-0.6 |
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Michigan Consumer Sentiment - May (p) |
63.5 |
63.5 |
63.0 |
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Week of May 15 |
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May 15 |
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NY Fed Manufacturing Index |
2.0 |
10.8 |
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May 16 |
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Retail Sales - April |
0.5% |
-0.6 |
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Retail Sales, ex Autos |
0.3 |
-0.4 |
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Retail Sales,ex autos and gas |
0.2 |
-0.3 |
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Industrial Production - April |
-0.1% |
0.5 |
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Capacity Utilization |
79.7 |
79.8 |
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Manufacturing |
0.2 |
-0.5 |
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Business Inventories - March |
0.0% |
0.2 |
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NAHB Index - May |
45 |
45 |
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May 17 |
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Housing Starts - April |
1.420M |
1.420 |
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Building Permits |
1.440 |
1.413 |
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May 18 |
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Initial Unemployment Claims |
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Philadelphia Fed Survey |
-20 |
-31.3 |
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Leading Indicators |
-0.4% |
-1.2 |
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Existing Home Sales - April |
4.240M |
4.440 |
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More By This Author:
Economic Data Forecasts For The Weeks Of May 1 And 8
Economic Data Forecasts For The Weeks Of April 24 And May 1
Economic Data Forecasts For The Weeks Of April 17 And 24
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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