Economic Data And Forecasts For The Weeks Of June 12 And June 19
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Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
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Week of June 12 |
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June 12 |
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Treasury Budget - May |
-$87.0B |
182.4 |
-87.0 |
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June 13 |
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NFIB Small Business Optimism Index - May |
103.5 |
104.5 |
104.0 |
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Producer Price Index - May |
0.1% |
0.5 |
0.1 |
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PPI Core |
0.2 |
0.4 |
0.2 |
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June 14 |
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Consumer Price Index - May |
0.0% |
0.2 |
0.0 |
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Core CPI |
0.2 |
0.1 |
0.2 |
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Retail Sales - May |
0.2% |
0.4 |
0.2 |
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Retail Sales, ex Autos |
0.3 |
0.3 |
0.3 |
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Business Inventories - April |
-0.2% |
0.2 |
-0.1 |
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FMOC |
1.125 |
0.875 |
1.125 |
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June 15 |
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Initial Unemployment Claims |
240K |
245 |
242 |
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Philadelphia Fed Survey Index |
25.0 |
38.8 |
27.0 |
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NY Fed Manufacturing Index |
5.0 |
-1.0 |
5.0 |
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Export Prices - May |
0.2% |
0.5 |
0.1 |
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Import Prices |
0.0 |
0.2 |
0.0 |
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Industrial Production - May |
0.0% |
1.0 |
0.2 |
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Capacity Utilization |
76.7 |
76.7 |
76.8 |
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NAHB Index - June |
69 |
70 |
70 |
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June 16 |
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Housing Starts - May |
1.225M |
1.172 |
1.221 |
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Building Permits |
1.250 |
1.229 |
1.249 |
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Michigan Consumer Sentiment - June (p) |
97.1 |
97.1 |
97.1 |
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Week of June 19 |
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June 20 |
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Current Account - Q1 |
-$129.0B |
-112.4 |
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June 21 |
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Existing Home Sales - May |
5.500M |
5.570 |
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June 22 |
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FHFA Home Price Index - April |
0.5% |
0.6 |
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Leading Indicators |
0.3% |
0.3 |
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June 23 |
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New Home Sales - May |
590K |
569 |
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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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