Economic Data Forecasts For The Weeks Of Oct. 7 & 14
| Here are my forecasts for upcoming economic data. | |||
| Prior | |||
| Forecast | Observation | ||
| Week of October 7 | |||
| October 7 | |||
| Consumer Credit - August | $12.0B | 25.5 | |
| October 8 | |||
| NFIB Small Business Optimism Index - September | 91.5 | 91.2 | |
| International Trade - August | -$69.7B | -78.8 | |
| October 9 | |||
| Wholesale Inventories - August | 0.2% | 0.2 | |
| October 10 | |||
| Consumer Price Index - September | 0.2% | 0.2 | |
| Core CPI | 0.3 | 0.3 | |
| October 11 | |||
| Producer Price Index - August | 0.1% | 0.2 | |
| PPI Core (less food, energy and trade services) | 0.2 | 0.3 | |
| Michigan Consumer Sentiment - October (p) | 69.6 | 70.1 | |
| Week of October 14 | |||
| October 15 | |||
| New York Fed Manufacturing Index | 0.0 | 11.5 | |
| October 16 | |||
| Export Prices - September | -0.3% | -0.7 | |
| Import Prices | 0.3 | -0.3 | |
| October 17 | |||
| Retail Sales - September | 0.3% | 0.1 | |
| Retail Sales, ex Autos | 0.2 | 0.1 | |
| Retail Sales, ex Autos and Gas | 0.3 | 0.2 | |
| Industrial Production - September | -0.1 | 0.8 | |
| Capacity Utilization | 77.8 | 78.0 | |
| Manufacturing | -0.2 | 0.9 | |
| Business Inventories - August | 0.3% | 0.4 | |
| NAHB Index | 42 | 41 | |
| October 18 | |||
| Housing Starts - September | 1.300M | 1.356 | |
| Building Permits | 1.441 | 1.475 | |
| Treasury Budget - August | -$30.0B | -380.1 | |
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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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