Economic Data And Forecasts For The Weeks May 8 And May 15
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Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
Consensus |
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Week of May 8 |
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May 9 |
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NFIB Small Business Optimism Index - April |
104.2 |
104.7 |
103.8 |
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Wholesale Inventories - March |
0.0% |
0.2 |
0.2 |
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May 10 |
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Export Prices - April |
0.1% |
0.2 |
0.1 |
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Import Prices |
0.1 |
-0.2 |
0.1 |
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May 11 |
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Initial Unemployment Claims |
250K |
238 |
244 |
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Producer Price Index - April |
0.2% |
-0.1 |
0.2 |
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PPI less food, energy and trade services |
0.2 |
0.1 |
0.2 |
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May 12 |
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Consumer Price Index - April |
0.3% |
-0.3 |
0.2 |
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Core CPI |
0.2 |
-0.1 |
0.2 |
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Retail Sales - April |
0.6% |
-0.2 |
0.6 |
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Retail Sales, ex Autos |
0.5 |
0 |
0.5 |
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Business Inventories - March |
0.2% |
0.3 |
0.1 |
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Michigan Consumer Sentiment - May (p) |
98.0 |
97.0 |
97.3 |
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Week of May 15 |
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May 15 |
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NY Fed Manufacturing Index |
9.0 |
5.2 |
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NAHB Index - May |
68 |
68 |
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May 16 |
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Housing Starts - April |
1.260M |
1.215 |
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Building Permits |
1.280 |
1.260 |
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Industrial Production - April |
0.3% |
0.5 |
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Capacity Utilization |
76.3 |
76.1 |
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May 18 |
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Initial Unemployment Claims |
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Philadelphia Fed Survey |
22 |
22 |
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Leading Indicators |
0.3% |
0.4 |
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Peter Morici is an economist and professor at the Smith School of Business, University of Maryland, and widely published columnist. He is the five time winner of the MarketWatch best forecaster ...
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