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

More By This Author:

Economic Data Forecasts For The Weeks Of Oct. 28 And Nov. 4
Economic Data Forecasts For The Weeks Of Oct. 21 & 28
Economic Data Forecasts For The Weeks Of Oct. 7 & 14

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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