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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