Here are my forecasts for upcoming economic data.
Forecast
Prior Observation
Consensus
Week of October 16
October 16
NY Fed Manufacturing Index
20.0
24.4
20.0
Treasury Budget – September
$4.0B
-107.7
3.0
October 17
Export Prices – September
0.5%
0.6
0.5
Import Prices
0.7
0.6
0.4
Import Prices, ex-Energy
0.2
0.2
Industrial Production – August
0.3%
-0.9
0.1
Capacity Utilization
76.3
76.1
76.2
Manufacturing
0.3
-0.3
0.3
NAHB Index
66
64
64
October 18
Housing Starts – September
1.190M
1.180
1.170
Building Permits
1.260
1.300
.1230
October 19
Initial Unemployment Claims
243K
243
240
Philadelphia Fed Survey
20.0
23.8
20.2
Leading Indicators
0.1%
0.4
0.1
October 20
Existing Home Sales – September
5.380M
5.350
5.300
Week of October 23
October 23
Chicago Fed National Activity Index
-0.10%
-0.31
October 24
PMI Manufacturing Flash Index
53
53.1
PMI Services Flash Index
55.1
55.3
Richmond Fed Manufacturing Index
15
19
October 25
Durable Goods Sales – September
0.5%
2.0
FHFA House Price Index – August
0.3
0.2
New Home Sales – September
550K
560
October 26
Initial Unemployment Claims
International Trade in Goods
-$63.9B
-62.9
Pending Home Sale Index – September
107.7
106.3
Kansas City Fed Manufacturing Index
17
October 27
GDP – Q3 (a)
2.6%
3.1
Michigan Consumer Sentiment Index – October (r)
101.1
101.1
