Economic Data Forecasts For The Weeks Of Jan. 13 And 20, 2025

Here are my forecasts for upcoming economic data. Forecast Prior       Observation   Week of January 13       January 13       Treasury Budget – December -$30B -366.8           January 14       NFIB Small Business Confidence – December 99.0 101.7           Producer Price Index – December 0.3% 0.4   Core PPI (PPI ex Food, Energy, Trade Services) 0.3 0.2           January 15       Consumer Price Index – December 0.3% 0.3   Core CPI 0.3 0.3           NY Fed Manufacturing Index – January -2.0 0.2           January 16       Retail Sales – December 0.5% 0.3   Retail Sales, ex autos 0.4 0.2   Retail Sales, ex autos and gasoline 0.3 0.2           Philadelphia Fed Index 0.0 -16.4           Export Prices – December -0.4% 0.0   Import Prices_ December -0.3 0.1   Ex Petroleum -0.1 0.0           Initial Unemployment Claims 215K 201   Business Inventories – November 0.2% 0.1   NAHB Index – January 46 46           January 17       Housing Starts – December 1.310M 1.289   Building Permits 1.462 1.505           Industrial Production – December 0.2% -0.1   Capacity Utilization 76.9 76.8   Manufacturing 0.2 0.2           Week of January 20       January 22       Leading Indicators 0.0% 0.3           January 23       Chicago Fed National Activity Index – December -0.12 -0.12           Existing Home Sales – December 4.200M 4.150

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