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OPINION

Forecasts for the Weeks of September 8 and 15

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
 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.
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