Economic Data Forecasts For The Week Of Dec. 15

Here are my forecasts for upcoming economic data
	Forecast	Prior Observation

Week of December 15
December 15
NY Fed Manufacturing Index	12.0	18.7
NAHB Index	38	38

December 16
Nonfarm Payrolls - October	-5K	119
Private	45	97
Manufacturing	-5	-6
Unemployment	4.7%	4.4
Average Workweek	34.1HR	34.2
Average Hourly Earnings	0.3%	0.3

Nonfarm Payrolls - November	35K
Private	40
Core Private*
Manufacturing	-5
Unemployment	4.4%
Average Workweek	34.1HR
Average Hourly Earnings	0.3%
*Core Private equals Private less Medical, Social Assistance, and Temp Services

Retail Sales - October	0.3%	0.2
Retail Sales, ex Autos	0.4	0.3
Retail Sales, ex Autos and Gas	0.5	0.1
Retail Sales, Autos

Housing Starts - November	1.315M
Building Permits	1.345

Business Inventories - September	0.1%
Business Inventories - October	0.1

Industrial Production - October	0.2%	0.1
Capacity Utilization	0.1	0
Manufacturing	75.9	75.9

PMI Manufacturing Flash Index	52.5	52.2
PMI Services Flash Index	55.1	54.1

Retail Sales - November	0.4%
Retail Sales, ex Autos	0.4
Retail Sales, ex Autos and Gas	0.4

December 17

December 18
Initial Unemployment Claims	225K	236

Consumer Price Index - October	0.3%	0.3
Core CPI	0.2	0.2
Energy

Consumer Price Index - November	0.3%
Core CPI	0.2

Philadelphia Fed Survey	2.2	-1.7
Initial Unemployment Claims	220K	236


Existing Home Sales - November	4.100M	4.100
Michigan Consumer Sentiment - December (r)	53.3	53.3

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