Economic Data Forecasts For The Weeks Of September 16 And 23
Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
Consensus |
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Week of September 16 |
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September 16 |
||||
New York Fed Manufacturing Index |
5.0 |
4.8 |
4.9 |
|
September 17 |
||||
Industrial Production - August |
0.3% |
-0.2 |
0.1 |
|
Capacity Utilization |
77.7 |
77.5 |
77.5 |
|
Manufacturing |
0.2 |
-0.4 |
0.1 |
|
NAHB Index |
66 |
66 |
66 |
|
September 18 |
||||
Housing Starts - August |
1.250M |
1.191 |
1.250 |
|
Building Permits |
1.300 |
1.336 |
1.300 |
|
FMOC |
1.875% |
2.125 |
1.875 |
|
September 19 |
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Initial Unemployment Claims |
215K |
203 |
215 |
|
Philadelphia Fed Survey |
11.5 |
16.8 |
11.3 |
|
Current Account - Q2 |
-$128.5B |
-130.4 |
-131.4 |
|
Existing Home Sales - August |
5.410K |
5.420 |
5.375 |
|
Leading Indicators |
0.2 |
0.5 |
0.1 |
|
Week of September 23 |
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September 23 |
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Chicago Fed National Manufacturing Index - August |
-0.1 |
-0.36 |
||
PMI Manufacturing - Flash |
51.3 |
50.3 |
||
PMI Services Flash |
51.4 |
50.7 |
||
September 24 |
||||
S&P Case/Shiller Index - July |
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Ten City Y/Y |
||||
Twenty City M/M |
0.4% |
0.3 |
||
Twenty City M/M - SA |
0.1 |
0.0 |
||
Twenty City Y/Y |
2.4 |
2.2 |
||
FHFA Home Price Index - July |
0.2% |
0.2 |
||
Consumer Confidence - September |
134.1 |
135.1 |
||
Richmond Fed Manufacturing Index |
1.0 |
1.0 |
||
September 25 |
||||
New Home Sales - August |
640K |
635 |
||
September 26 |
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GDP - Q2 |
2.0% |
2.0 |
||
GDP Implicit Price Deflator |
2.4 |
2.4 |
||
International Trade in Goods - August |
-$73.3B |
-72.3 |
||
Wholesale Inventories - August (a) |
0.2 |
0.2 |
||
Pending Home Sale Index - Aug |
105.6 |
105.6 |
||
September 27 |
||||
Durable Goods Sales - August |
0.5 |
2.0 |
||
Personal Income - August |
0.4% |
0.1 |
||
Personal Spending |
0.3 |
0.6 |
||
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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