Smith Faculty Opinion Article	July 13, 2007
By Dr. Peter Morici, Professor of International Business E-MAIL WEB SITE

Forecasts for the Weeks of July 16 and July 23 (preliminary)

Forecast Previous Week of July 16 Period

July 17
PPI - June 0.0% 0.9
PPI Core - June 0.1% 0.2

Industrial Production - June 0.4% 0.0
Capacity Utilization _ June 81.5 81.3

Net Capital Inflows - May $66.0b 76.5
NAHB Market Index 28 28

July 18
CPI - June 0.0% 0.7
CPI Core - June 0.1% 0.1

Housing Starts - June 1.480m 1.474
Building Permits - June 1.475m 1.501

Real Earnings - June 0.6% 0.3

July 19
Leading Indicators - June 0.2% 0.3
Initial Jobless Claims 312k 308

Week of July 23

July 25
Exiting Home Sales - June 5.855m 5.990

July 26
Durable Goods Orders - June 1.0% -2.8
Help Wanted Index - June 28 27
New Home Sales - June 0.930 0.915

July 27
GDP Preliminary 2.5% 0.7
GDP Deflator 2.3% 4.2
Core PCE Price 0.1% 0.1
PCE 0.1% 0.5

Help Wanted Index - May 29 27

Peter Morici is a professor at the University of Maryland School of Business and former Chief Economist at the U.S. International Trade Commission. ►More Faculty Opinion Articles