Here are my forecasts for upcoming economic data.

       

Forecast

Prior Observation

Consensus

 

Week of September 10

       

September 10

       

Consumer Credit – July

$14.0B

10.2

14.0

           

September 11

       

NFIB Small Business Optimism Index – August

108.0

107.9

108.2

 

JOLTS – July

6.665M

6.662

6.665

           

Wholesale Inventories – July

                 

September 12

       

Producer Price Index – August

0.2%

0.0

0.2

 

PPI Core (less food, energy and trade services)

0.2

0.3

0.2

           

September 13

       

Initial Unemployment Claims

210K

203K

210

           

Consumer Price Index – August

0.2%

0.2

0.3

 

Core CPI

0.2

0.2

0.2

           

Treasury Budget – August

-$178.0B

-76.9

-166.5

           

September 14

       

Retail Sales – August

0.4%

0.5

0.4

 

Retail Sales, ex Autos

0.5

0.6

0.5

 

Retail Sales, Less Autos and Gas

0.5

0.6

0.4

           

Export Prices – August

-0.1%

-0.5

0.2

 

Import Prices

-0.2

0.0

-0.1

           

Industrial Production – August

0.2%

0,1

0.4

 

Capacity Utilization

78.2

78.1

78.3

 

Manufacturing

0.2

0.3

0.2

           

Business Inventories – July

0.5%

0.1

0.5

 

Michigan Consumer Sentiment – Sept (p)

97.0

96.2

97.0

           

Week of September 17

       

September 17

       

NY Fed Manufacturing Index

23.8

25.6

             

September 18

       

NAHB Index

68

67

             

September 19

       

Housing Starts – August

1.250M

1.168

   

Building Permits

1.320

1.311

             

Current Account – Q2

$105.1B

124.1

             

September 20

       

Philadelphia Fed Survey

19.2

11.9

   

Existing Home Sales – August

5.460M

5.340

   

Leading Indicators

0.5%

0.6