Here are my forecasts for upcoming economic data.

       

Forecast

Prior Observation

Consensus

 

Week of November 5

       

November 5

       

PMI Services Index

54.7

54.7

54.7

           

ISM Services – October

59.7

61.6

59.4

 

ISM Prices

       

ISM Business Activity

                 

November 6

       

JOLTS – September

7.120M

7.136

7.100

           

November 7

       

Consumer Credit – September

$17.0B

20.1

16.5

           

November 8

       

Initial Unemployment Claims

214K

214.0

213

 

FMOC

2.125%

2.125

2.125

           

November 9

       

Producer Price Index – October

0.3%

0.2

0.2

 

PPI less food, energy and trade services

0.2

0.4

0.2

           

Wholesale Inventories – September

0.3%

0.3

0.3

 

Michigan Consumer Sentiment Index (p)

98.5

98.6

98.0

           

Week of November 12

       

November 13

       

NFIB

108.0

107.9

   

Treasury Budget – October

-120.0B

119.1

             

November 14

       

Consumer Price Index – October

0.3%

0.1

   

Core CPI

0.2

0.1

             

November 15

       

Philadelphia Fed Survey

20.0

22.2

             

Retail Sales – October

0.6%

0.1

   

Retail Sales, ex Autos

0.5

-0.1

             

NY Fed Manufacturing Index

20.7

21.1

             

Export Prices – October

0.0%

0.0

   

Import Prices

0.0

0.5

             

Business Inventories – August

0.3%

0.5

             

November 16

       

Industrial Production – October

0.3%

0.3

   

Capacity Utilization

78.3

78.1

   

Manufacturing

0.3

0.2