Economic Data Forecast For The Weeks Of Oct. 13 And 20
| Here are my forecasts for upcoming economic data. | |||
| Forecast | Prior Observation | ||
| Week of October 13 | |||
| October 14 | |||
| NFIB Small Business Optimism Index - September | 101.5 | 100.8 | |
| October 15 | |||
| Consumer Price Index - September | 0.3% | 0.4 | |
| Core CPI | 0.3 | 0.3 | |
| New York Fed Manufacturing Index | 0.0 | -8.7 | |
| October 16 | |||
| Retail Sales - September | 0.4% | 0.6 | |
| Retail Sales, ex Autos | 0.4 | 0.7 | |
| Retail Sales, ex Autos and Gas | 0.4 | 0.7 | |
| Producer Price Index - August | 0.3% | -0.1 | |
| PPI Core (less food, energy and trade services) | 0.3 | -0.4 | |
| Philadelphia Fed Survey | 8.0 | 23.2 | |
| Business Inventories - August | 0.2% | 0.2 | |
| NAHB Index | 33 | 32 | |
| October 17 | |||
| Housing Starts - September | 1.310M | 1.307 | |
| Building Permits | 1.350 | 1.312 | |
| Export Prices - September | -0.2% | 0.0 | |
| Import Prices | -0.1 | 0.3 | |
| Import Prices, ex-Energy | -0.1 | 0.2 | |
| Industrial Production - September | 0.1% | 0.1 | |
| Capacity Utilization | 77.3 | 77.4 | |
| Manufacturing | 0.0 | 0.2 | |
| Treasury Budget - August | $160.0B | -334.8 | |
| Week of October 20 | |||
| October 20 | |||
| Leading Indicators | -0.3% | -0.5 | |
| October 23 | |||
| Existing Home Sales - September | 4.043M | 4.000 | |
| October 24* | |||
| Chicago Fed National Activity Index | -0.20 | -0.12 | |
| PMI Manufacturing Flash Index | 52.2 | 52.0 | |
| PMI Services Flash Index | 54.2 | 53.9 | |
| New Home Sales - September | 725K | 800 | |
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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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