Forecasts for the Weeks of September 8 and 15

Peter Morici
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Posted: Sep 08, 2014 12:01 AM
 Forecasts for upcoming economic data.
DataForecast Prior Observation Consensus
Week of September 8
September 8
Consumer Credit - July $17.2B 17.3 17.3
September 9
NFIB Small Business Optimism Index - August 96.2 95.7 96.0
JOLTS - July 4.710M 4.671 4.705
September 10
Wholesale Inventories - July 0.4% 0.3 0.5
Wholesale Sales 0.2
September 11
Initial Unemployment Claims 302K 302 300
Treasury Budget - August -$130.0B -94.6 -130.0
September 12
Retail Sales - August 0.5% 0.0 0.6
Retail Sales, ex Autos 0.2 0.1 0.3
Retail Sales, Autos -0.2
Retail Sales, Less Autos and Gas
Retail Sales, Gas 0.1
Export Prices -August -0.1% 0.0 -0.1
Import Prices -1.0 -0.2 -1.0
Import Prices, ex-Energy -0.1
Business Inventories - July 0.4% 0.4 0.4
Michigan Consumer Sentiment - Sept (p) 83.2 82.5 83.4
Week of September 15
September 15
NY Fed Manufacturing Index 17.0 14.7 16.0
Industrial Production - August 0.4% 0.4 0.3
Capacity Utilization 78.5 78.2 79.3
Manufacturing
September 16
Producer Price Index - August 0.1% 0.1 0.1
PPI Core 0.1 0.2 0.1
Energy -0.6
September 17
Consumer Price Index - August 0.0% 0.1 0
Core CPI 0.2 0.1 0.2
Energy -0.3
Current Account - Q2 -$115.0B -111.2
NAHB Index 56 55 56
FMOC 0.125 0.125
September 18
Initial Unemployment Claims
Housing Starts - August 1.050M 1.093 1.040
Building Permits 1.060 1.052 1.045
Philadelphia Fed Survey 23.0 28.0 23.0
September 19
Leading Indicators 0.4% 0.9 0.4
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.