Economic Data Forecasts For The Weeks Of Sept 12 And 19

 
 
Here are my forecasts for upcoming economic data.
 
 
 
 
 
Forecast
Prior Observation
 
Week of September 12
 
 
 
 
September 13
 
 
 
 
Consumer Price Index - August
 
0.2%
0.0
 
Core CPI
 
0.4
0.3
 
 
 
 
 
 
NFIB Small Business Optimisim Index - August
 
89.9
89.9
 
Treasury Budget - August
 
-$220.0B
-211.1
 
 
 
 
 
 
September 14
 
 
 
 
Producer Price Index - August
 
0.3%
-0.5
 
PPI Core (less food, energy and trade services)
 
0.4
0.2
 
 
 
 
 
 
September 15
 
 
 
 
Retail Sales - August
 
0.2%
0.0
 
Retail Sales, Less Autos and Gas
 
0.7
0.7
 
 
 
 
 
 
Philadelphia Fed Survey
 
2.0
6.2
 
New York Fed Manufacturing Index
 
-15.5
-31.3
 
 
 
 
 
 
Export Prices -  August
 
-1.20%
-3.3
 
Import Prices
 
-1.3
-1.4
 
Import Prices, ex-Petroleum
 
-0.4
-0.7
 
 
 
 
 
 
Industrial Production - August
 
0.4%
0.6
 
Capacity Utilization
 
80.5
80.3
 
Manufacturing
 
0.2
0.7
 
 
 
 
 
 
Business Inventories - July
 
0.8%
1.4
 
 
 
 
 
 
September 16
 
 
 
 
Michigan Consumer Sentiment - Sept (p)
 
58.0
58.2
 
 
 
 
 
 
Week of September 19
 
 
 
 
September 19
 
 
 
 
NAHB Index
 
51
49
 
 
 
 
 
 
September 20
 
 
 
 
Housing Starts - August
 
1.450M
1.446
 
Building Permits
 
1.675
1.674
 
 
 
 
 
 
September 21
 
 
 
 
Existing Home Sales - August
 
4.620
4.810
 
FMOC
 
3.125%
2.375
 
 
 
 
 
 
September 22
 
 
 
 
Initial Unemployment Claims
 
 
 
 
Current Account - Q2
 
-$260.0B
-291.4
 
Leading Indicators 
 
0.2%
-0.4
 
 
 
 
 
 
September 23
 
 
 
 
S&P Case/Shiller Index - July
 
 
 
 
Twenty City M/M
 
0.4%
0.4
 
Twenty City M/M - SA
 
0.6
0.4
 
 
 
 
 
 
PMI Manufacturing - Flash
 
51.5
51.5
 
PMI Services Flash
 
43.7
43.7
 

More By This Author:

Economic Data Forecasts For The Weeks Of Sept. 5 And Sept. 12
Economic Data: Preliminary Forecasts For The Weeks Of Aug. 22 And 29
Economic Data Forecasts For The Weeks Of Aug. 15 And Aug. 22

Peter Morici is an economist and emeritus business professor at the University of Maryland, and a national columnist.

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