Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of April 15

April 15

NY Fed Manufacturing Index

8.0

3.7

6.8

April 16

Industrial Production - March

0.3%

0.0

0.3

Capacity Utilization

79.3

79.1

79.2

Manufacturing

0.3

-0.4

NAHB Index - April

63

62

63

April 17

International Trade - February

-$54.0B

-51.1

-53.7

Wholesale Inventories - February

0.3%

1.2

0.4

Wholesale Sales

April 18

Initial Unemployment Claims

204

196

206

Philadelphia Fed Survey

10.0

13.7

10.2

Leading Indicators - March

0.3%

0.2

0.3

Retail Sales - March

0.8%

-0.2

0.8

Retail Sales, ex Autos

0.7

-0.4

0.7

Retail Sales, ex Autos and Gas

0.4

-0.6

0.4

PMI Manufacturing Flash Index

52.4

52.4

52,2

PMI Services Flash Index

56.0

55.3

55.0

Business Inventories - March

0.3%

0.8

0.3

April 19

Housing Starts - March

1.270M

1.163

1.230

Building Permits

1.300

1.291

1.300

Week of April 22

April 22

Existing Home Sales - March

5.250K

5.510

April 23

FHFA Housing Price Index - February

0.3%

0.6

New Home Sales - March

630K

667

Richmond Fed Manufacturing Survey

10

10

April 25

Durable Goods Orders - March

0.3%

-1.6

Kansas City Fed Manufacturing Index

10

10

April 26

GDP - Q1 (a)

1.6%

2.2