Economic Data Forecasts For The Weeks Of Sept 9 & 16

By Peter Morici

Sunday, September 8, 2024 1:45 AM EDT


Here are my forecasts for upcoming economic data.
	Forecast	Prior Observation
Week of September 9
September 9
Wholesale Inventories - July	0.3%	0.3
Consumer Credit - July	$12.0B	8.9

September 10
NFIB Small Business Optimisim Index - August	93.7	93.7

September 11
Consumer Price Index - August	0.2%	0.2
Core CPI	0.2	0.2

September 12
Producer Price Index - August	0.2	0.1
PPI Core (less food, energy and trade services)	0.3%	0.3

Treasury Budget - August	-$252.0B	-243.7

September 13
Export Prices - August	-0.1%	0.7
Import Prices	0.0	0.1
Import Prices, ex-Petroleum	0.2	0.2

Michigan Consumer Sentiment - Sept (p)	68.5	67.9

Week of September 16
September 16
New York Fed Manufacturing Index	-3.7	-4.7

September 17
Retail Sales - August	0.3%	1.0
Retail Sales, ex Autos	0.5	0.4
Retail Sales, Autos
Retail Sales, Less Autos and Gas	0.5	0.4
Retail Sales, Gas

Industrial Production - August	0.1	-0.6
Capacity Utilization		77.8
Manufacturing	-0.2	-0.3

Business Inventories - July	0.4%	0.3
NAHB Index		39

September 18
Housing Starts - August	1.235M	1.238
Building Permits	1.365	1.396

FOMC
	5.125%	5.375
September 19
Initial Unemployment Claims
Philadelphia Fed Survey	2.7	-7.0
Current Account - Q2	-$262.0B	-237.6
Leading Indicators	-0.3%	-0.6
Existing Home Sales - August	3.825K	3.950

More By This Author:

Economic Data Forecasts For The Weeks Of Aug. 5 & 12
Economic Data Forecasts For The Weeks Of July 29 & Aug. 5
Economic Data Forecasts For The Weeks Of July 22 & 29

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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Economic Data Forecasts For The Weeks Of Sept 9 & 16

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