Here are my forecasts for upcoming economic data.

       

Forecast

Prior Observation

Consensus

 

Week of January 15

       

January 16

       

NY Fed Manufacturing Index – January

19

18

18

           

January 17

       

Industrial Production – December

0.3%

0.2

0.4

 

Capacity Utilization

77.3

77.1

77.3

 

Manufacturing

0.3

0.2

0.3

           

NAHB Index – January

73

74

73

           

January 18

       

Initial Unemployment Claims

250K

261

250

 

Philadelphia Fed Index

23.5

26.2

25.0

           

Housing Starts – December

1.270K

1.297

1.28

 

Building Permits

1.295

1.298

1.300

           

January 19

       

Michigan Consumer Sentiment – January (p)

97.0

95.9

97.0

           

Week of January 22

       

January 22

       

Chicago Fed National Activity Index

0.30

0.15

             

January 23

       

Richmond Fed Index

17

20

             

January 24

       

FHFA Housing Market Index – November

0.4%

0.5

             

PMI Manufacturing Flash Index – January

55.0

55.0

   

PMI Services Flash Index – January

56.0

53.7

             

Existing Home Sales – December

5.610M

5.810

             

January 25

       

International Trade in Goods- December

-$69.0B

-70.0

   

Wholesale Inventories (a)

0.3%

0.8

             

New Home Sales – December

650K

733

   

Leading Indicators

0.3%

0.5

             

January 26

       

GDP – Q4 (a)

3.0%

3.2

             

Durable Goods Orders – December

0.9%

1.3

   
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