Forecasts For The Weeks Of October 6 And 13

Here are my forecasts for upcoming economic data.

     
 

Forecast

Prior Observation

Consensus

 

Week of October 6

       

October 7

       

JOLTS - August

4.700M

4.673

4.710

 

Consumer Credit - August

$21.0B

26.0

20.0

 
         

October 9

       

Initial Unemployment Claims

300K

287

293

 
         

Wholesale Inventories - August

0.3%

0.1

0.3

 

Wholesale Sales

       
         

October 10

       

Export Prices -  September

-0.1%

-0.5

-0.1

 

Import Prices

-0.9

-0.9

-0.8

 

Import Prices, ex-Energy

 

0.0

   
         

Treasury Budget - September

$82.0B

-128.7

72.0

 
         

Week of October 13

       
         

October 15

       

Producer Price Index - September

0.0%

0.0

-0.2

 

PPI Core

0.1

0.2

0.0

 

Energy

       
         

Retail Sales - September

0.0%

0.6

-0.1

 

Retail Sales, ex Autos

0.2

0.3

0.2

 
         

NY Fed Manufacturing Index

20.5

27.54

21.5

 

Business Inventories - August

0.4%

0.4

0.4

 
         

October 16

       

Industrial Production - August

0.4%

-0.1

0.3

 

Capacity Utilization

79.1

78.8

78.9

 
         

Philadelphia Fed Survey

20.5

22.5

19.5

 

NAHB Index

59

59

59

 
         

October 17

       

Housing Starts - September

1.018M

0.956

1.016

 

Building Permits

1.035

0.998

1.023

 
         

Michigan Consumer Sentiment - October (p)

84.6

84.6

84.2

 
 

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 ...

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