These Are the People Democrats Want to Tax You to Pay for
Zohran Mamdani Sheds Crocodile Tears Over 'Islamophobia'
Chelsea Clinton Lectures Trump on the 'People’s House' and Trips Over Her Own...
'Lassie' and 'Lost in Space' Actress June Lockhart Dead at 100
If There Are 'No Kings,' Why Are the Mobs Still Screaming for a...
Government—Necessary and Intolerant
Profanity-Laced Rejection: Top Donors Turn Their Backs on Kamala Harris and the DNC
A Quick Bible Study Vol. 291: What the Old Testament Says About Weakness
US Secret Service Seized 22 EBT Skimmers in Baltimore, Stopped $22M in Fraud
41 Million Might Miss Food Benefits in November if Schumer Shutdown Continues
Federal Grand Jury Charges Man with Threatening Federal Agent, Wife
Kamala Harris Teases White House Run: 'I'm Not Done'
Felon Charged for Threatening to Shoot up Atlanta Airport
Bitcoin Trail Leads to Terror: Queens Man Convicted for Funding ISIS
Justice Department to Monitor Polling Sites in California, New Jersey
OPINION

Forecasts for the Weeks of February 9 and 16

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Here are my forecasts for upcoming economic data.
Forecast Prior Observation Consensus
Week of February 9
February 10
NFIB Small Business Optimism Index - January 100.8 100.4 101.0
JOLTS - December 4.98 4.972 4.975
Wholesale Inventories - December 0.1% 0.8 0.1
Wholesale Sales -0.3
February 11
Treasury Budget - January -$18.2B 1.9 -18.5
February 12
Initial Unemployment Claims 285K 278 288
Retail Sales - January -0.5% -0.9 -0.5
Retail Sales, ex Autos 5 -1.0 -0.5
Business Inventories - December 0.2% 0.2 0.2
February 13
Export Prices - February -0.8% -1.2 -0.8
Import Prices -3.3 -2.5 -3.00
Michigan Consumer Sentiment - February (p) 98.4 98.1 98.5
Week of February 16
February 16
NY Fed Manufacturing Index 9.0 9.95 8.0
February 17
NAHB Index - February 58 57 58
February 18
Producer Price Index - January -0.4% -0.3 -0.4
Core PPI (PPI ex Food, Energy, Trade Services) 0.1 0.1 0.1
Housing Starts - January 1.060M 1.080 1.070
Building Permits 1.060 1.032 1.060
Industrial Production - January 0.3% -0.1 0.4
Capacity Utilization 79.9 79.7 79.9
Manufacturing Output 0.3 0.3 0.3
February 19
PMI Manufacturing Flash Index 53.4 53.9
Philadelphia Fed Survey 9 6.3 8.5
Leading Indicators - January 0.3% 0.6 0.4
Peter Morici is a professor at the University of Maryland Smith School of Business, former Chief Economist at the U.S. International Trade Commission, and five-time winner of the MarketWatch best forecaster award.
Advertisement

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement