Economic Data Forecasts For The Weeks Of March 13 And March 20
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Here are my forecasts for upcoming economic data. |
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Forecast |
Prior Observation |
Consensus |
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Week of March 13 |
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March 14 |
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NFIB Small Business Optimism Index |
105.0 |
105.9 |
105 |
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Producer Price Index - February |
0.1% |
0.4 |
0.1 |
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PPI Core |
0.2 |
0.2 |
0.2 |
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March 15 |
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Consumer Price Index - February |
0.1% |
0.6 |
0.2 |
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CPI Core |
0.2 |
0.3 |
0.2 |
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Retail Sales - February |
0.1% |
0.4 |
0.1 |
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Retail Sales, ex Autos |
0.1 |
0.8 |
0.2 |
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NY Fed Manufacturing Index |
16.0 |
18.7 |
15.7 |
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Business Inventories - January |
0.3% |
0.3 |
0.3 |
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NAHB Index - March |
66 |
65 |
66 |
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FMOC |
0.875% |
0.625 |
0.875 |
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March 16 |
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Initial Unemployment Claims |
243 |
243 |
242 |
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Housing Starts - February |
1.260M |
1.246 |
1.266 |
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Building Permits |
1.270 |
1.285 |
1.267 |
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Philadelphia Fed Survey |
30.0 |
43.3 |
32.5 |
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March 17 |
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Industrial Production - February |
0.3% |
-0.3 |
0.2 |
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Capacity Utilization |
75.6 |
75.4 |
75.4 |
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Manufacturing Output |
0.3 |
0.2 |
0.4 |
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Leading Indicators - February |
0.3% |
0.6 |
0.4 |
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Michigan Consumer Sentiment - March (p) |
96.8 |
96.3 |
97.0 |
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Week of March 20 |
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March 20 |
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Chicago Fed National Activity Index |
0.10 |
-0.05 |
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March 21 |
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Current Account - Q4 |
-$133.3B |
-113.0 |
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March 22 |
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Existing Home Sales - February |
5.600M |
5.690 |
5.590 |
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FHFA Housing Market Index - November |
0.4% |
0.4 |
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March 23 |
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New Home Sales - February |
0.555M |
0.555 |
0.557 |
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March 24 |
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Durable Good Orders - February |
1.0% |
2.0 |
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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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