Economic Data Forecasts For The Weeks Of Sept. 5 And Sept. 12
Here are my forecasts for upcoming economic data.
|
|
Forecast |
Prior Observation |
Consensus |
Week of September 5 |
|
|
|
September 7 |
|
|
|
ISM Services - August |
57.0 |
56.7 |
55.5 |
|
|
|
|
|
September 7 |
|
|
|
International Trade - July |
-70.5 |
-79.6 |
-70.5 |
|
|
|
|
|
September 8 |
|
|
|
Initial Unemployment Claims |
235K |
232 |
240 |
Consumer Credit - July |
$25.0B |
40.1 |
33.0 |
|
|
|
|
|
September 9 |
|
|
|
Wholesale Inventories - July |
0.8% |
0.8 |
0.8 |
|
|
|
|
|
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 |
|
More By This Author:
Economic Data: Preliminary Forecasts For The Weeks Of Aug. 22 And 29
Economic Data Forecasts For The Weeks Of Aug. 15 And Aug. 22
Powell’s Soft Landing Vs. Recession Is Irrelevant
Peter Morici is an economist and emeritus business professor at the University of Maryland, and a national columnist.
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