<div id="readability-page-1"><div id="blog-content">Here are my forecasts for upcoming economic data.<table><tbody><tr><td colspan="2"></td><td>Forecast</td><td>Prior Observation</td></tr><tr><td> </td><td>Week of February 9</td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>February 10</td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>NFIB Small Business Optimism Index - January</td><td>99.5</td><td>99.5</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>Employment Cost Index - Q4</td><td>0.8%</td><td>0.8</td><td> </td></tr><tr><td> </td><td>Employment Cost Index - Y/Y</td><td>3.5</td><td>3.5</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>Retail Sales - December</td><td>0.5%</td><td>0.6</td><td> </td></tr><tr><td> </td><td>Retail Sales, ex autos</td><td>0.4</td><td>0.5</td><td> </td></tr><tr><td> </td><td>Retail Sales, ex autos and gasoline</td><td>0.3</td><td>0.6</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>Business Inventories - November</td><td>0.2%</td><td>0.3</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>February 11</td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>Nonfarm Payrolls - January </td><td>55K</td><td>50</td><td> </td></tr><tr><td> </td><td>Private</td><td>42</td><td>37</td><td> </td></tr><tr><td> </td><td>Manufacturing</td><td>-5</td><td>-8</td><td> </td></tr><tr><td> </td><td>Unemployment</td><td>4.4%</td><td>4.4</td><td> </td></tr><tr><td> </td><td>Average Workweek</td><td>34.2HR</td><td>34.2</td><td> </td></tr><tr><td> </td><td>Average Hourly Earnings</td><td>0.2%</td><td>0.3</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>Treasury Budget - January</td><td>$188.0B</td><td>145.0</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>February 12</td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>Consumer Price Index - January</td><td>0.1%</td><td>0.3</td><td> </td></tr><tr><td> </td><td>Core CPI</td><td>0.2</td><td>0.2</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>Existing Home Sales - January</td><td>4.250M</td><td>4.350</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>Week of February 16</td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>February 17</td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>NY Fed Manufacturing Index</td><td>4.0</td><td>7.7</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>NAHB Index - February </td><td>39</td><td>37</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>February 18</td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>Housing Starts - November</td><td>1.350M</td><td>1.246</td><td> </td></tr><tr><td> </td><td>Building Permits</td><td>1.425</td><td>1.412</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>Industrial Production - January</td><td>0.3%</td><td>0.4</td><td> </td></tr><tr><td> </td><td>Manufacturing Output</td><td>0.2</td><td>0.2</td><td> </td></tr><tr><td> </td><td>Capacity Utilization</td><td>76.4</td><td>76.3</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>February 19</td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>International Trade - December</td><td>-$55.5B</td><td>-56.8</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>Philadelphia Fed Survey</td><td>10.0</td><td>12.6</td><td> </td></tr><tr><td> </td><td>Pending Home Sales - January</td><td>76.0</td><td>71.8</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>Wholesale Inventories - November (a)</td><td>0.2%</td><td>0.2</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>February 20</td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>New Home Sales - November</td><td>725K</td><td>737</td><td> </td></tr><tr><td> </td><td>New Home Sales - December</td><td>730</td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td>GDP - Q4 (a)</td><td>3.0</td><td>4.4</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td></tr></tbody></table><hr/>More By This Author:Economic Data Forecasts For The Weeks Of Feb. 2 And 9 Economic Data Forecasts For The Weeks Of Jan. 26 And Feb. 2 Economic Data Forecasts For Jan. 19 Thru Feb. 3 </div></div>

XDAT

QQQM

Economic forecasts for the weeks of February 9 and 16 include key indicators such as the NFIB Small Business Optimism Index, Employment Cost Index, Retail Sales, Nonfarm Payrolls, Consumer Price Index, and various housing market metrics. Notable predictions include a slight increase in retail sales and a stable unemployment rate at 4.4%. The forecasts also cover industrial production, international trade, and GDP growth, with expectations of modest changes across these economic indicators.

- The article provides forecasts for various economic indicators for the weeks of February 9 and February 16, 2026.  
- Key highlights include predictions for the NFIB Small Business Optimism Index, employment data, retail sales, and consumer price index, demonstrating trends in economic performance.  
- The forecasts indicate slight changes in consumer activity and labor market metrics, with implications for overall economic growth and policy decisions.

Economic Data Forecasts For The Weeks Of Feb. 9 And 16