Forecasts For The Weeks Of February 4 And 11
Here are my forecasts for upcoming economic data. |
||||
Forecast |
Prior Observation |
Consensus |
||
Week of February 4 |
||||
February 4 |
||||
Auto Sales - January |
17.0M |
17.5 |
17.0 |
|
February 5 |
||||
PMI Services Index - January |
54.2 |
54.2 |
||
ISM Services - January |
57.6 |
57.6 |
57.0 |
|
February 6 |
||||
Productivity - Q(4) - preliminary |
1.6% |
2.3 |
1.6 |
|
Unit Labor Cost |
1.9 |
0.9 |
1.7 |
|
February 7 |
||||
Initial Unemployment Claims |
220K |
253 |
220 |
|
Consumer Credit - December |
$18.0B |
22.1 |
17.0 |
|
Week of February 11 |
||||
February 12 |
||||
NFIB Small Business Optimism Index - January |
104.4% |
104.4 |
||
JOLTS - December |
7.000M |
6.888 |
||
February 13 |
||||
Consumer Price Index - January |
0.1% |
-0.2 |
||
Core CPI |
0.2 |
0.2 |
||
February 14 |
||||
Producer Price Index - January |
0.1% |
-0.2 |
||
Core PPI (PPI ex Food, Energy, Trade Services) |
0.2 |
0.0 |
||
February 15 |
||||
NY Fed Manufacturing Index |
11.5 |
3.9 |
||
Export Prices - February |
-0.3% |
-0.6 |
||
Import Prices |
0.2 |
-1.0 |
||
Import Prices, Ex-Petroleum |
-0.2 |
0.3 |
||
Industrial Production - January |
0.2% |
0.3 |
||
Manufacturing Output |
0.1 |
1.1 |
||
Capacity Utilization |
78.8 |
78.7 |
||
Michigan Consumer Sentiment - February (p) |
92.5 |
91.2 |
||
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 ...
more