Economic Data Forecasts For The Weeks Of Dec. 16 And 23.
| Here are my forecasts for upcoming economic data. | |||
| Forecast | Prior | ||
| Observation | |||
| Week of December 16 | |||
| December 16 | |||
| NY Fed Manufacturing Index | 3.0 | 31.2 | |
| PMI Manufacturing Flash Index | 49.7 | 49.7 | |
| PMI Services Flash Index | 52.8 | 52.1 | |
| December 17 | |||
| Retail Sales - November | 0.4% | 0.4 | |
| Retail Sales, ex Autos | 0.3 | 0.1 | |
| Retail Sales, ex Autos and Gas | 0.4 | 0.1 | |
| Industrial Production - November | 0.2% | -0.3 | |
| Capacity Utilization | 77.2 | 77.1 | |
| Manufacturing | 0.3 | -0.5 | |
| Business Inventories - October | 0.2% | 0.1 | |
| NAHB Index | 48 | 46 | |
| December 18 | |||
| Housing Starts - November | 1.332M | 1.311 | |
| Building Permits | 14.25 | 1.416 | |
| Current Account - Q3 | -$2.87.0 | -266.8 | |
| FOMC | 4.375 | 4.625 | |
| December 19 | |||
| Philadelphia Fed Survey | 2.4 | -5.5 | |
| GDP - Q3 (f) | 2.8% | 2.8 | |
| Leading Indicators - November | -0.2% | -0.4 | |
| Existing Home Sales - November | 4.092M | 3.930 | |
| December 20 | |||
| Personal Income - November | 0.4% | 0.6 | |
| Personal Spending | 0.4 | 0.4 | |
| Week of December 23 | |||
| December 23 | |||
| Consumer Confidence | 110.6 | 111.7 | |
| December 24 | |||
| Durable Goods Orders - November | 0.3% | 0.2 | |
| New Home Sales - November | 674K | 624 | |
| Richmond Fed Manufacturing Index | -7.0 | -14.0 |
More By This Author:
Economic Data Forecasts For The Weeks Of Dec. 9 & 16
Economic Data Forecasts For The Weeks Of Dec. 2 & 9
Economic Data Forecasts For The Weeks Of Nov. 18 And 25
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 ...
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