Peter Morici

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of August 11

August 12

NFIB Small Business Optimism Index - July

95.5

95.0

95.8

JOLTS - June

4.600

4.635

4.588

Treasury Budget - July

-$100.0B

70.5

-96.0

August 13

Retail Sales - July

0.3%

0.2

0.2

Retail Sales, ex Autos

0.4

0.4

0.4

Business Inventories - June

0.4%

0.5

0.4

August 15

Initial Unemployment Claims

298K

289

295

Export Prices -July

-0.2%

-0.4

-0.1

Import Prices

-0.4

0.1

-0.2

August 15

Producer Price Index - July

0.1%

0.4

0.1

PPI Core

0.1


Peter Morici

Professor Peter Morici is a recognized expert on economic policy and international economics. He has lectured and offered executive programs at more than 100 institutions including Columbia University, the Harvard Business School and Oxford University.