Economic Data Forecasts For The Weeks Of Oct. 12 And 19

Here are my forecasts for upcoming economic data.

   
 

Forecast

Prior Observation

Consensus

Week of October 12

     

October 13

     

NFIB Small Business Optimism Index - September

100.8

100.2

 
       

Consumer Price Index - September

0.2%

0.4

0.2

Core CPI

0.2

0.4

0.2

       

October 14

     

Producer Price Index - September

0.2%

0.3

0.2

PPI Core (less food, energy and trade services)

0.1

0.3

 
       

October 15

     

Initial Unemployment Claims

840K

840

 

Philadelphia Fed Survey

15.0

15.0

 

New York Fed Manufacturing Index

17.0

17.0

 
       

Export Prices -  September

0.4%

0.5

 

Import Prices

0.3

0.9

 

Import Prices, ex-Energy

0.6

0.7

 
       

October 16

     

Retail Sales - September

0.8%

0.6

0.6

Retail Sales, ex Autos

0.5

0.7

0.4

Retail Sales, ex Autos and Gas

0.6

0.7

 
       

Industrial Production - September

0.8%

0.4

0.6

Capacity Utilization

72.2

71.4

71.9

Manufacturing

1.2

1.0

0.7

       

Business Inventories - August

0.4%

0.1

0.4

Treasury Budget - September

-$160.0B

-200.1

 

Michigan Consumer Sentiment - October (p)

82.0

80.4

81.0

       

Week of October 19

     

October 19

     

NAHB Index

83

83

 
       

October 20

     

Housing Starts - September

1.475M

1.416

 

Building Permits

1.530

1.470

 
       

October 21

     
       

October 22

     

Leading Indicators

0.9%

1.2

 
       

Existing Home Sales - September

6.400M

6.000

 

Richmond Fed Manufacturing Index

15

21

 

Kansas City Fed Index

11

11

 
       
 

 

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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