Economic Data Forecast For The Week Of November 28

Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of November 28

November 28

Dallas Fed Manufacturing Index

2.0

-1.5

2.0

November 29

GDP - Q2 (r)

3.1%

2.9

3.1

GDP Implicit Price Deflator

1.5

1.5

1.5

S&P Case/Shiller Index - September

Twenty City M/M

0.1%

0.4

0.6

Twenty City M/M - SA

0.4

0.2

0.4

Twenty City Y/Y

5.2

5.1

5.2

Consumer Confidence - November

101.1

98.6

101.0

November 30

ADP Employment Report - November

160K

147

160

Personal Income - October

0.4%

0.5

0.4

Personal Spending

0.6

0.5

0.5

Chicago PMI

52.4

50.6

52.0

Pending Home Sale Index - October

110.6

110.0

110.9

December 1

Initial Unemployment Claims

253K

251

253

Auto Sales* - November

17.9M

18.0

17.8

Car Sales

7.2

7.1

Truck Sales

10.7

10.9

*SAAR, as published by Motor Intelligence

PMI Manufacturing Index - November

53.9

53.9

53.9

ISM (Mfg) - November

52.2

51.9

52.3

ISM Prices

Construction Spending - October

0.5%

-0.4

0.6

December 2

Nonfarm Payrolls - November

170K

161

170

Private

160

142

155

Manufacturing

5

-9

Unemployment

4.9%

4.9

4.9

Average Workweek

34.4HR

34.4

34.4

Average Hourly Earnings

0.2%

0.4

0.2