Economic Data Forecasts For The Weeks Of July 17 And 24

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Here are my forecasts for upcoming economic data. 

  Forecast Prior Observation
Week of July 17      
July 17      
NY Fed Manufacturing Index 0.0% 6.6  
       
July 18      
Retail Sales - June 0.4% 0.3  
Retail Sales, ex Autos 0.3 0.1  
Retail Sales, ex Autos and Gasoline 0.2 0.4  
       
Industrial Production - June 0.0% -0.2  
Capacity Utilization 79.4 79.6  
Manufacturing -0.1 0.1  
       
Business Inventories - May 0.2% 0.2  
NAHB Index - July 55.0 55.0  
       
July 19      
Housing Starts - June 1.485M 1.631  
Building Permits 1515 1.491  
       
July 20      
Philadelphia Fed Survey -10.4 -13.7  
Leading Indicators  -0.4% -0.7  
Existing Home Sales - June 4.300K 4.300  
       
Week of July 24      
July 24      
Chicago Fed National Activity Index - June -0.15 -0.15  
       
PMI Manufacturing Flash Index 46.9 46.3  
PMI Services Flash Index 53.5 54.4  
       
July 25      
S&P Case/Shiller Index - May      
Twenty City M/M 1.7% 1.7  
Twenty City M/M - SA 1.3 0.9  
Twenty City Y/Y -1.8 -1.7  
       
FHFA Home Price Index - May 0.5% 0.7  
Consumer Confidence - July 108.0 109.7  
Richmond Fed Manufacturing Index -8 -7  
       
July 26      
New Home Sales - June 722K 763  
FMOC 5.375 5.125  
       
July 27      
GDP - Q2 (a) 1.4% 2.0  
Durable Goods Orders - June -1.0% 1.7  
International Trade in Goods - June -91.5 -91.1  
Wholesale Inventories - June (a) -0.1% 0.0  
Pending Home Sale Index - June 77.6 76.5  
       
July 28      
Employment Cost Index - Q2 1.3% 1.2  
Employment Cost Index - Y/Y 5.0 4.8  
       
Personal Income - June 0.4% 0.4  
Personal Spending 0.3 0.1

More By This Author:

Economic Data Forecasts For The Weeks Of July 10 And 17
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Economic Data Forecasts For The Weeks Of June 26 And July 3

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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