Economic Data Forecasts For The Weeks Of November 4 And 7
Here are my forecasts for upcoming economic data. |
Forecast | Prior | ||
Observation | |||
Week of November 4 | |||
November 4 | |||
Factory Orders - September | -0.3% | -0.2 | |
Durable Goods Orders | -0.8 | 0.0 | |
Nondurable Goods Orders | 0.2 | -0.5 | |
November 5 | |||
International Trade - September | -$85.3B | -70.4 | |
ISM Services - October | 53.6 | 54.9 | |
November 7 | |||
Initial Unemployment Claims | 225K | 216 | |
Productivity - Q3 (p) | 2.3% | 2.5 | |
Unit Labor Costs | 0.5 | 0.4 | |
Wholesale Inventories - September | -0.1% | 0.1 | |
Wholesale Sales | |||
FMOC | 4.625% | 4.875 | |
Consumer Credit - September | $10.0B | 8.9 | |
November 8 | |||
Michigan Consumer Sentiment Index (p) | 70.9 | 70.5 | |
Week of November 11 | |||
November 12 | |||
NFIB Small Business Optimism Index - October | 91.5 | 91.5 | |
November 13 | |||
Consumer Price Index - October | 0.2% | 0.2 | |
Core CPI | 0.3 | 0.3 | |
Energy | |||
Treasury Budget - October | -$265.0B | -64.3 | |
November 14 | |||
Producer Price Index - October | 0.20% | 0.0 | |
PPI less food, energy and trade services | 0.3 | 0.2 | |
November 15 | |||
Retail Sales - October | 0.3% | 0.4 | |
Retail Sales, ex Autos | 0.3 | 0.5 | |
Retail Sales, ex Autos and Gas | 0.4 | 0.7 | |
Retail Sales, Autos | |||
NY Fed Manufacturing Index | 0.0 | -11.9 | |
Export Prices - October | 0.0% | -0.7 | |
Import Prices | -0.1 | -0.4 | |
Import Prices, ex-Energy | -0.2 | 0.2 | |
Import Prices, Energy | |||
Industrial Production - October | -0.2% | -0.3 | |
Capacity Utilization | 77.3 | 77.5 | |
Manufacturing | -0.3 | -0.4 | |
Business Inventories - September | 0.1% | 0.3 |
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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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