Forecasts For The Weeks Of January 8 And 15

Peter Morici
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Posted: Jan 08, 2018 12:17 PM
Forecasts For The Weeks Of January 8 And 15
Here are my forecasts for upcoming economic data.


ForecastPrior   ObservationConsensus
Week of January 8


January 8


Consumer Credit - November$19.0B20.518.0




January 9


NFIB Small Business Optimism Index - Dec107.5107.5107.9
JOLTS - November6.0405.9966.038




January 10


Export Prices - December0.2%0.50.3
Import Prices_ December0.20.70.4




Wholesale Inventories - November0.7%0.70.7




January 11


Initial Unemployment Claims240K250245




Producer Price Index - December0.1%0.40.2
Core PPI (PPI ex Food, Energy, Trade Services)0.20.4




Treasury Budget - December-$54.0B-138.5-32.0




January 12


Consumer Price Index - December0.1%0.40.1
Core CPI0.20.10.2




Retail Sales - December0.6%0.80.5
Retail Sales, ex autos0.51.00.4
Retail Sales, ex autos and gasoline0.60.80.5




Business Inventories - November0.3%-0.10.3




Week of January 15


January 16


NY Fed Manufacturing Index - January19.018.0




January 17


Industrial Production - December0.3%0.2
Capacity Utilization77.377.1
Manufacturing0.30.2




NAHB Index - January7274




January 18


Initial Unemployment Claims


Philadelphia Fed Index2326.2




Housing Starts - December1.270K1.297
Building Permits1.3001.298




January 19


Michigan Consumer Sentiment - January (p)97.095.9