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 a professor at the University of Maryland Smith School of Business, former Chief Economist at the U.S. International Trade Commission, and five-time winner of the MarketWatch best forecaster award. |
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