Forecasts for the Weeks of September 8 and 15

Forecasts for upcoming economic data.


Data	Forecast	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.