MoneyChoice Economic Forecast  ·  moneychoice.us

Model-driven outlook for key U.S. economic releases

Published: July 18, 2026 Model: MoneyChoice Forecast Engine — MCP macro forecasts Coverage: PPI, Retail Sales, CPI, Building Permits

Executive Summary

The week ahead features a relatively light data calendar following last week’s heavy release schedule, which included the Producer Price Index (▲ +3.19% m/m), Advance Retail Sales (▲ +0.45% m/m), Consumer Price Index (▲ +0.48% m/m), Building Permits (▼ −1.86% m/m), and Industrial Production (▼ −0.51% m/m). No single day stands out as the busiest, as all key indicators were published in the prior period, leaving market participants to digest the implications of rising producer and consumer prices alongside a modest contraction in industrial output and housing permits.

Model Forecast Summary
IndicatorImpactForecast (Jun)Previous (May)Change
Producer Price Index
Released prior week
High292.60283.56▲ +3.19%
Advance Retail Sales
Released prior week
High$228.8B$227.8B▲ +0.45%
Consumer Price Index
Released prior week
High334.00332.42▲ +0.48%
Building Permits
Released prior week
Med1,414K1,441K▼ −1.86%
Industrial Production
Released prior week
Med98.3698.86▼ −0.51%
Forecast Detail
Producer Price Index
292.60
Previous: 283.56 (May 2026)
▲ +3.19% m/m
Released prior week
JanJun
Advance Retail Sales
$228.8B
Previous: $227.8B (May 2026)
▲ +0.45% m/m
Released prior week
JanJun
Consumer Price Index
334.00
Previous: 332.42 (May 2026)
▲ +0.48% m/m
Released prior week
JanJun
Building Permits
1,414K
Previous: 1,441K (May 2026)
▼ −1.86% m/m
Released prior week
JanJun
Release Calendar — Jul 20–24, 2026
ReportTime (ET)
Monday, July 20
No major model-tracked releases scheduled
Tuesday, July 21
No major model-tracked releases scheduled
Wednesday, July 22
No major model-tracked releases scheduled
Thursday, July 23
Initial Jobless Claims8:30 AM
Friday, July 24
No major model-tracked releases scheduled
⚠ Disclaimer: This content is generated by quantitative models for educational and discussion purposes only. It does not constitute financial advice. Past model performance does not guarantee future results.