| Here are my forecasts for upcoming economic data. | ||
| Forecast | Prior Observation | |
| Week of December 21 | ||
| December 21 | ||
| Chicago Fed National Activity Index - November | 0.70 | 0.83 |
| December 22 | ||
| GDP - Q3 (f) | 33.1% | 33.1 |
| GDP Implicit Price Deflator | ||
| Richmond Fed Manufacturing Index | 14 | 15 |
| Existing Home Sales - November | 6.700M | 6.850 |
| December 23 | ||
| FHFA Housing Price Index - Oct | 0.4% | 1.7 |
| New Home Sales - November | 990K | 999 |
| Michigan Consumer Sentiment - December (r) | 81.4 | 81.4 |
| Personal Income - November | -0.3% | -0.7 |
| Personal Spending | 0.3 | 0.5 |
| December 24 | ||
| Durable Goods Orders - November | 1.1% | 1.3 |
| Week of December 28 | ||
| December 28 | ||
| Dallas Fed Manufacturing Index | 12.0 | 12.0 |
| December 29 | ||
| S&P Case/Shiller Index - October | ||
| Twenty City M/M | 0.8% | 1.2 |
| Twenty City M/M - SA | 0.6 | 1.3 |
| Twenty City Y/Y | 6.6 | 6.6 |
| Consumer Confidence | 97.5 | 96.1 |
| December 30 | ||
| International Trade in Goods - November | -$81.1B | 80.3 |
| Pending Home Sale Index - November | 128.9 | 128.9 |
| Chicago PMI | 57.2 | 58.2 |
Economic Data Forecasts For The Weeks Of Dec. 21 And 28
Here are my forecasts for upcoming economic data.
Peter Morici is an economist and professor at the Smith School of Business, University of Maryland, and widely published columnist. He is the five time winner of the MarketWatch best forecaster award. Follow him on Twitter @PMorici1.
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