Economic Data And Forecasts For The Weeks Of November 19 And 26

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of November 19

November 19

NAHB Index

68

68

68

November 20

Housing Starts - October

1.225M

1.201

1.240

Building Permits

1.260

1241

1.260

November 21

Durable Goods Sales - October

-2.5%

0.7

-2.4

Initial Unemployment Claims

215K

216

213

Michigan Consumer Sentiment Index - November (r)

98.3

98.3

98.3

Existing Home Sales - October

5.250K

5.150

5.200

Leading Indicators

0.1%

0.5

0.1

November 22

Thanksgiving

November 23

PMI Manufacturing Flash Index

55.9

55.7

55.5

PMI Services Flash Index

54.5

54.8

54.5

Week of November 26

November 26

Chicago Fed National Activity Index - October

0.23

0.17

Dallas Fed Manufacturing Index

28.3

29.4

November 27

S&P Case/Shiller Index - September

Twenty City M/M

0.1%

0.0

Twenty City M/M - SA

0.3

0.1

Twenty City Y/Y

5.3

5.5

FHFA Housing Price Index - Sept

0.3%

0.3

Consumer Confidence - November

139.0

137.9

Richmond Fed Manufacturing Index

20

15

November 28

GDP - Q3 (r)

3.6%

3.5

GDP Implicit Price Deflator

1.7

1.7

International Trade in Goods - October

-$74.2

-76.0

Wholesale Inventories - October (p)

0.3%

0.4

New Home Sales - October

585K

553

November 29

Personal Income - October

0.4%

0.2

Personal Spending

0.4

0.4

Pending Home Sale Index - October

104.6

104.6

November 30

Chicago PMI

59.4

58.4