Economic Data And Forecasts For The Weeks Of Jan. 15 And Jan. 22
Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
Consensus |
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Week of January 15 |
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January 16 |
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NY Fed Manufacturing Index - January |
19 |
18 |
18 |
|
January 17 |
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Industrial Production - December |
0.3% |
0.2 |
0.4 |
|
Capacity Utilization |
77.3 |
77.1 |
77.3 |
|
Manufacturing |
0.3 |
0.2 |
0.3 |
|
NAHB Index - January |
73 |
74 |
73 |
|
January 18 |
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Initial Unemployment Claims |
250K |
261 |
250 |
|
Philadelphia Fed Index |
23.5 |
26.2 |
25.0 |
|
Housing Starts - December |
1.270K |
1.297 |
1.28 |
|
Building Permits |
1.295 |
1.298 |
1.300 |
|
January 19 |
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Michigan Consumer Sentiment - January (p) |
97.0 |
95.9 |
97.0 |
|
Week of January 22 |
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January 22 |
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Chicago Fed National Activity Index |
0.30 |
0.15 |
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January 23 |
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Richmond Fed Index |
17 |
20 |
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January 24 |
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FHFA Housing Market Index - November |
0.4% |
0.5 |
||
PMI Manufacturing Flash Index - January |
55.0 |
55.0 |
||
PMI Services Flash Index - January |
56.0 |
53.7 |
||
Existing Home Sales - December |
5.610M |
5.810 |
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January 25 |
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International Trade in Goods- December |
-$69.0B |
-70.0 |
||
Wholesale Inventories (a) |
0.3% |
0.8 |
||
New Home Sales - December |
650K |
733 |
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Leading Indicators |
0.3% |
0.5 |
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January 26 |
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GDP - Q4 (a) |
3.0% |
3.2 |
||
Durable Goods Orders - December |
0.9% |
1.3 |
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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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