Economic Data Forecasts For The Weeks Of Aug. 5 & 12 -

Economic Data Forecasts For The Weeks Of Aug. 5 & 12

Aug 05, 2024Jeremy ParkinsonFinance, No picture0

Here are my forecasts for upcoming economic data. Forecast Prior Observation Week of August 5 August 5 PMI Services Index 56.0 56.0 ISM Services – July 51.3 48.8 August 6 International Trade – June $72.9B 75.1 August 7 Consumer Credit – June $10.0B 11.3 August 8 Wholesale Inventories – June 0.2% 0.2 Week of August 12 August 12 Treasury Budget – July -$350.0B -66.0 August 13 NFIB Small Business Optimisim Index – July 91.5 91.5 Producer Price Index – July 0.2% 0.2 PPI less food energy and trade services 0.2 0.0 Energy August 14 Consumer Price Index – July 0.2% -0.1 CPI Core 0.2 0.1 August 15 Retail Sales – July 0.3% 0.0 Retail Sales, ex Autos 0.2 -0.5 Retail Sales, ex Autos and Gas 0.2 0.8 Philadelphia Fed Survey 7.0 13.9 New York Fed Manufacturing Index -6.0 -6.6 Export Prices – July 0.0% -0.5 Import Prices -0.1 0.0 Import Prices, ex-Petroleum -0.2 0.2 Industrial Production – July 0.0% 0.6 Manufacturing 0.0 0.4 Capacity Utilization 78.6 78.8 Business Inventories – June 0.3% 0.4 NAHB Index 43 42 August 16 Housing Starts – July 1.380M 1.353 Building Permits 1.450 1.446 Michigan Consumer Sentiment (p) 66.4 66.4

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