Economic Data And Forecasts For The Weeks Of Feb. 5 And Feb.12
Here are my forecasts for the weeks of February 5 and 12.
Forecast |
Prior Observation |
Consensus |
||
Week of February 5 |
||||
February 5 |
||||
PMI Services Index - January |
53.3 |
53.3 |
53.3 |
|
ISM Services - January |
57.0 |
55.9 |
56.2 |
|
February 6 |
||||
International Trade - December |
-$51.8B |
-50.5 |
-51.9 |
|
JOLTS - December |
5.900 |
5.879 |
5.900 |
|
February 7 |
||||
Consumer Credit - December |
$20.0B |
28.0 |
20.0 |
|
February 8 |
||||
Initial Unemployment Claims |
235K |
230 |
235 |
|
February 9 |
||||
Wholesale Inventories - December |
0.2% |
0.2 |
0.2 |
|
Week of February 12 |
||||
February 12 |
||||
Treasury Budget - January |
$57.0B |
-23.2 |
||
February 14 |
||||
Consumer Price Index - January |
0.3% |
0.1 |
||
Core CPI |
0.1 |
0.3 |
||
Retail Sales - January |
0.4% |
0.4 |
||
Retail Sales, ex Autos |
0.5 |
0,4 |
||
Retail Sales, ex Autos and Gas |
0.4 |
0.4 |
||
Business Inventories - December |
0.3% |
0.4 |
||
February 15 |
||||
Philadelphia Fed Survey |
24.7 |
22.2 |
||
Producer Price Index - January |
0.3% |
-0.1 |
||
Core PPI (PPI ex Food, Energy, Trade Services) |
0.1 |
-0.1 |
||
NY Fed Manufacturing Index |
17.7 |
17.7 |
||
Industrial Production - January |
0.2% |
0.9 |
||
Manufacturing Output |
0.3 |
0.1 |
||
Capacity Utilization |
78.1 |
77.9 |
||
NAHB Index - February |
73 |
72 |
||
February 16 |
||||
Housing Starts - January |
1.210M |
1.192 |
||
Building Permits |
1.300 |
1.302 |
||
Export Prices - February |
0.3% |
0.1 |
||
Import Prices |
0.6 |
-0.1 |
||
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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