Economic Data Forecasts For The Weeks Of June 8 & 15


Here are my forecasts for upcoming economic data.         Forecast Prior       Observation   Week of July 8       July 8       Consumer Credit – May $6.5B 6.4           July 9       NFIB Small Business Optimism Index – June 91.5 90.5           July 10       Wholesale Inventories – May 0.6% 0.6           July 11       Consumer Price Index – June 0.1% 0.0   Core CPI 0.3 0.2           Treasury Budget – June -$83.0B -347.1           July 12       Producer Producer Index – June 0.2% -0.2   PPI less food energy and trade services 0.2 0.0           Michigan Consumer Sentiment Index (p) 68.2 68.2           Week of July 15       July 15       NY Fed Manufacturing Index -6.0 -6.0           July 16       Retail Sales – June 0.3% 0.1   Retail Sales, ex Autos 0.2 -0.1   Retail Sales, ex Autos and Gasoline 0.4 0.1           Export Prices –  June -0.1% -0.6   Import Prices -0.1 -0.4   Import Prices, ex-Energy -0.1 -0.3           Business Inventories – May 0.5% 0.3   NAHB Index – July 45 43           July 17       Housing Starts – June 1.345M 1.277   Building Permits 1.430 1.386           Industrial Production – June 0.0% 0.9   Capacity Utilization 78.1 78.2   Manufacturing -0.1% 0.9           July 18       Philadelphia Fed Survey 2.9 1.3   Leading Indicators  -0.3% -0.5

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