Economic Data And Forecasts For The Weeks Of Dec. 25 And Jan. 1

Here are my forecasts for upcoming economic data.
	Forecast	Prior Observation	Consensus
Week of December 25
December 26
Richmond Fed Manufacturing Index	20.0	30.0	23.0

December 27
S&P Case/Shiller Index - October
Twenty City M/M	0.0%	0.4
Twenty City M/M - SA	0.7	0.5	0.6
Twenty City Y/Y	6.2	6.2	6.3

Consumer Confidence	128.1	129.5	128.0
Pending Home Sale Index - November	109.3	109.3	110.0

December 28
International Trade in Goods - November	-$67.6B	-68.3	-67.6
Initial Unemployment Claims	240K	245	240
Wholesale Inventories (a) - November	0.4%	-0.5
Business Inventories (a) - November	0.3	-0.1

December 29
Chicago PMI	61.6	68.9	63.0

Week of January 1
January 2
PMI Manufacturing Index - December	55.0	55.0

January 3
ISM (Mfg) - December	58.2	58.2

Construction Spending - December	0.7%	1.4

Auto Sales* - December	15.5M	17.53
*SAAR, as published by Motor Intelligence

January 4
Initial Unemployment Claims	240K	245
ADP Employment - December	200K	190
PMI Services Index - December	52.4	52.4

January 5
ISM Services - December	57.6	57.4

Nonfarm Payrolls - December	210K	228
Private	205	221
Manufacturing	25	31
Unemployment	4.1%	4.1
Average Workweek	34.5Hr	34.5
Average Hourly Earnings	0.2%	0.2

International Trade - November	-$48.1B	-47.4


Factory Orders - November	0.8%	0.1
Durable Goods Orders	1.3	1.3
Nondurable Goods Orders	0.4	0.7