Economic Data And Forecasts For The Weeks Of June 5 And June 12
Here are my forecasts for upcoming economic data. |
||||
` |
Forecast |
Prior Observation |
Consensus |
|
Week of June 5 |
||||
June 5 |
||||
Productivity - Q1 (r) |
-0.1% |
-0.6 |
-0.2 |
|
Unit Labor Costs |
2.5 |
3.0 |
2.6 |
|
Factory Orders - April |
-0.2% |
0.2 |
-0.2 |
|
PMI Services Index |
54.0 |
54.0 |
54.0 |
|
ISM Services - May |
57.0 |
57.5 |
57.0 |
|
June 6 |
||||
JOLTS - April |
5.725M |
5.743 |
5.725 |
|
June 7 |
||||
Consumer Credit - April |
$17.0B |
16.4 |
17.0 |
|
June 8 |
||||
Initial Unemployment Claims |
240K |
248 |
241 |
|
June 9 |
||||
Wholesale Inventories - April |
-0.3 |
-0.3% |
-0.3 |
|
Week of June 12 |
||||
June 12 |
||||
Treasury Budget - May |
-$103.0B |
182.4 |
||
June 13 |
||||
NFIB Small Business Optimism Index - May |
105.0 |
104.5 |
||
Producer Price Index - May |
0.1% |
0.5 |
||
PPI Core |
0.2 |
0.4 |
||
June 14 |
||||
Consumer Price Index - May |
0.0% |
0.2 |
||
Core CPI |
0.2 |
0.1 |
||
Retail Sales - May |
0.2% |
0.4 |
||
Retail Sales, ex Autos |
0.3 |
0.3 |
||
Business Inventories - April |
-0.1% |
0.2 |
||
June 15 |
||||
Initial Unemployment Claims |
||||
Philadelphia Fed Survey Index |
22.0 |
38.8 |
||
NY Fed Manufacturing Index |
5.0 |
-1.0 |
||
Export Prices - May |
0.2% |
0.5 |
||
Import Prices |
0.1 |
0.2 |
||
Industrial Production - May |
0.1% |
1.0 |
||
Capacity Utilization |
76.7 |
76.7 |
||
NAHB Index - June |
70 |
70 |
||
June 16 |
||||
Housing Starts - May |
1.225M |
1.172 |
||
Building Permits |
1.250 |
1.229 |
||
Michigan Consumer Sentiment - June (p) |
97.5 |
97.1 |
||
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 ...
more