Economic Data Forecasts For The Weeks Of February 6 And 13

Here are my forecasts for upcoming economic data.

     

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Forecast

Prior Observation

Consensus

 

Week of February 6

       

February 7

       

International Trade – December

-$45.5B

-45.2

-44.9

 

Consumer Credit – December

$20.0B

24.5

20

           

February 9

       

Initial Unemployment Claims

250K

246

250

 

Wholesale Inventories – December

0.4%

1.0

1.0

           

February 10

       

Export Prices – February

0.0%

0.3

0.0

 

Import Prices

0.2

0.4

0.3

           

Michigan Consumer Sentiment – February (p)

98.5

98.5

98.0

 

Treasury Budget – January

$38.0B

-27.5

             

Week of February 13

       

February 14

       

Producer Price Index – January

0.2%

0.3

0.3

 

Core PPI (PPI ex Food, Energy, Trade Services)

0.2%

0.1

0.2

           

February 15

       

Consumer Price Index – January

0.3%

0.3

0.3

 

Core CPI

0.2

0.2

0.2

           

Retail Sales – January

0.4%

0.6

0.3

 

Retail Sales, ex Autos

0.5

0.2

0.4

           

NY Fed Manufacturing Index

8

6.5

7.1

 

NAHB Index – February

68

67

             

Industrial Production – January

0.1%

0.8

0.0

 

Capacity Utilization

75.5

75.5

75.4

           

Business Inventories – December

0.4%

0.7

0.4

           

February 16

       

Housing Starts – January

1.226M

1.226

1.222

 

Building Permits

1.240

1.210

             

Philadelphia Fed Survey

20.0

23.6

18.7

           

February 17

       

Leading Indicators – January

0.1%

0.5

0.2