Economic Data Forecasts For The Weeks Of Oct. 10 And 17
Here are my forecasts for upcoming economic data.
Forecast Prior Observation Consensus
Week of October 10
October 11
NFIB Small Business Optimisim Index - September 91.8 91.8
October 12
Producer Price Index - September 0.3% -0.1 0.2
PPI Core (less food, energy and trade services) 0.4 0.2
October 13
Initial Unemployment Claims 225K 219 220
Consumer Price Index - September 0.2% 0.1 0.2
Core CPI 0.4 0.6 0.5
Energy
October 14
Retail Sales - September 0.2% 0.3 0.2
Retail Sales, ex Autos 0.1 -0.3 0.0
Export Prices - September -1.2% -1.6 -1.0
Import Prices -1.2 -1.0 -1.1
Import Prices, ex-Energy -0.2
Treasury Budget - September -$25.0B -219.6 -24.6
Business Inventories - August 0.9% 0.6
Michigan Consumer Sentiment - October (p) 58.8 58.6 59.0
Week of October 17
October 17
New York Fed Manufacturing Index -0.7% -1.5
October 18
Industrial Production - September 0.3% -0.2
Capacity Utilization 80.1 80.0
Manufacturing 0.1 0.1
NAHB Index 45 46
October 19
Housing Starts - September 1.535 1.575
Building Permits 1.600 1.517
October 20
Philadelphia Fed Survey -4.0 -9.9
Leading Indicators -0.3 -0.3
Existing Home Sales - September 4.7200M 4.800
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Peter Morici is an economist and emeritus business professor at the University of Maryland, and a national columnist.
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