Here are my forecasts for upcoming economic data.
Forecast
Prior Observation
Consensus
Week of November 6
November 7
International Trade - September
-$61.0B
-58.3
-60.0
Consumer Credit - September
$10.0B
-15.6
10.0
November 8
Wholesale Inventories - September
0.0
0.0
0.0
November 9
Initial Unemployment Claims
215K
217
215
November 10
Michigan Consumer Sentiment Index (p)
65.0
63.8
64.0
Treasury Budget - October
$35B
-171.0
17.0
Week of November 13
November 14
NFIB Small Business Optimisim Index - October
90.8
90.8
Consumer Price Index - October
0.1%
0.4
0.1
Core CPI
0.3
0.3
0.3
November 15
Retail Sales - October
0.3%
0.7
0.2
Retail Sales, ex Autos
0.2
0.6
0.2
Producer Price Index - October
0.1%
0.5
0.1
PPI less food, energy and trade services
0.2
0.2
0.2
NY Fed Manufacturing Index
-2.0
-4.6
Business Inventories - September
0.4%
0.4
November 16
Philadelphia Fed Survey
-7
-9
Export Prices - October
-0.4%
0.7
Import Prices
-0.4
0.1
Import Prices, ex-Energy
-0.3
-0.3
Industrial Production - October
-0.3%
0.3
-0.4
Capacity Utilization
79.4
79.7
79.4
Manufacturing
-0.4
0.4
NAHB Index
41
40
November 17
Housing Starts - October
1.330M
1.358
1.345
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