Economic Data Forecasts For The Week Of Nov. 28

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Here are my forecasts for upcoming economic data.    

 
 
Forecast
Prior Observation
Consensus
Week of November 28
 
 
 
November 28
 
 
 
Dallas Fed Manufacturing Index
-12
-19.4
 
 
 
 
 
November 29
 
 
 
S&P Case/Shiller Index - September
 
 
 
Twenty City M/M
-1.4%
-1.6
 
Twenty City M/M - SA
-1.3
-1.3
 
Twenty City Y/Y
10.5
13.1
 
 
 
 
 
FHFA Housing Price Index  - Sept
-1.3%
-0.7
 
Consumer Confidence - November
100.0
102.5
100.0
 
 
 
 
November 30
 
 
 
ADP Employment Report - November
220K
239
200
 
 
 
 
International Trade in Goods - October
-90.2
-92.2
 
Wholesale Inventories - October (p)
0.5%
0.6
 
 
 
 
 
GDP - Q3 (r)
2.6%
2.6
2.7
 
 
 
 
Chicago PMI
47.5
45.2
47.1
Pending Home Sale Index - October
78.0
79.5
75.5
JOLTS-October
10.500M
10.717
10.300
 
 
 
 
December 1
 
 
 
Initial Unemployment Claims
232K
240
235

 
 
 
 
Personal Income - October
0.4%
0.4
0.4
Personal Spending
0.8
0.6
0.8
 
 
 
 
PMI Manufacturing Index - November
47.6
47.6
 
ISM (Mfg) - November
50.2
50.2
49.8
 
 
 
 
Construction Spending - October
-0.2%
0.2
-0.3
 
 
 
 
Auto Sales - November
14.7M
14.9
 
Car Sales
3.1
3.2
 
Truck Sales
11.8
11.7
 
 
 
 
 
December 2
 
 
 
Nonfarm Payrolls - November
220K
261K
200
Private
200
233
 
Manufacturing
20
32
20
Unemployment
3.8%
3.7
3.7
Average Workweek
0.4HR
0.4
0.3
Average Hourly Earnings
34.5HR
34.5
34.5
 
 
 
 
Week of December 5
 
 
 
December 5
 
 
 
PMI Services Index - November
46.1
46.1
 
ISM Services - November
54.4
54.4
 
 
 
 
 
Factory Orders - October
0.9%
0.3
 
Durable Goods Orders 
1.0
0.4
 
Nondurable Goods Orders 
0.8
0.2
 
 
 
 
 
December 6
 
 
 
International Trade - October
-71.0B
-73.3
 
 
 
 
 
December 7
 
 
 
Productivity - Q3 (r)
0.3%
0.3
 
Unit Labor Costs
3.5
3.5
 
 
 
 
 
Consumer Credit - October
$25.0
25.0
 
 
 
 
 
December 9
 
 
 
Producer Price Index - November
0.3%
0.2
 
PPI less food, energy and trade services
0.2
0.2
 
 
 
 
 
Michigan Consumer Sentiment - Dec (p)
56.8
56.8
 
 
 
 

More By This Author:

Economic Data Forecasts For The Weeks Of Nov. 21 And 28
Economic Data Forecasts For The Weeks Of Nov. 14 And 21
Economic Data Forecasts For The Weeks Of Nov. 7 And 14

Peter Morici is an economist and emeritus business professor at the University of Maryland, and a national columnist.

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