Here are my forecasts for upcoming economic data.             Prior     Forecast Observation   Week of June 17       June 17       NY Fed Manufacturing Index -12.0 -15.6           June 18       Retail Sales – May 0.3% 0.0   Retail Sales, ex Autos 0.3 0.2   Retail Sales, ex Autos and Gas 0.4 -0.1           Industrial Production – June 0.1% 0.0   Capacity Utilization 78.4 78.4   Manufacturing 0.1 -0.3           Business Inventories – April 0.3% -0.1           June 19       NAHB Index – June 48 45           June 20       Initial Unemployment Claims 240K 242           Housing Starts – May 1.400M 1.360   Building Permits 1.460 1.440           Philadelphia Fed Survey Index 4.5 4.5   Current Account – Q1 -$205.5B -194.8           June 21       PMI Manufacturing Flash Index 51.0 51.3   PMI Services Flash Index 54.8 54.8           Leading Indicators  -0.3% -0.6   Existing Home Sales – May 3.890M 4.140           Week of June 24       June 24       Dallas Fed Index -14.5 -19.4           June 25       Chicago Fed National Activity Index – May -0.25 -0.23           S&P Case/Shiller Index – April       Twenty City M/M 1.2% 1.6   Twenty City M/M – SA 0.3 0.3   Twenty City Y/Y 7.0 7.4           FHFA Home Price Index – April 0.5% 0.1   Consumer Confidence 100.0 102.0   Richmond Fed Manufacturing Index -3.0 0           June 26       New Home Sales – May 650K 634           June 27       Initial Unemployment Claims       Durable Goods Orders – May 0.7% 0.6   International Trade in Goods – May -96.4 99.4   Wholesale Inventories – May (a) 0.1% 0.1           GDP – Q1 (f) 1.3% 1.3           Pending Home Sales Index – May 75.3 72.3           June 28       Personal Income – May 0.4% 0.3   Personal Spending 0.4 0.2           Chicago PMI – June 40.0 35.4      

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