Here are my forecasts for upcoming economic data.

Forecast

Prior Observation

Consensus

Week of December 24

December 24

Chicago Fed National Activity Index - November

0.19

0.24

0.19

December 26

S&P Case/Shiller Index - October

Twenty City M/M

0.0%

0.0

0.1

Twenty City M/M - SA

0.4

0.3

0.4

Twenty City Y/Y

4.9

5.1

5.0

Richmond Fed Manufacturing Index

14

14

14

December 27

Initial Unemployment Claims

214K

214

217

FHFA Housing Price Index - Oct

0.1%

0.2

0.2

New Home Sales - November

555M

544.0

560

Consumer Confidence

135.0

135.7

134.0

December 28

International Trade in Goods - November

-73.3

-77.2

-75.7

Wholesale Inventories (a) - November

0.3%

0.8

0.3

Pending Home Sale Index - November

103.0

102.1

103.6

Week of December 31

December 31

Chicago PMI

62.0

66.4

Dallas Fed Manufacturing Index

17.6

17.6

January 2

PMI Manufacturing Index - December

53.9

53.9

ADP Employment - December

175

227

January 3

Initial Unemployment Claims

ISM (Mfg) - December

58.3

59.3

Construction Spending - December

0.3%

-0.1

Auto Sales* - December

17.3M

17.4

Car Sales

5.2

5.2

Truck Sales

12.1

12.2

*SAAR, as published by Motor Intelligence

January 4

PMI Services Index - December

53.4

53.4

Nonfarm Payrolls - December

180K

155

Private

175

161

Manufacturing

23

27

Unemployment

3.7%

3.7

Average Workweek

34.5HR

34.4

Average Hourly Earnings

0.3%

0.2

*Core Private equals Private less Medical, Social Assistance, and Temp Services