Economic Data Forecasts For The Weeks Of Dec. 18 And 25

Here are my forecasts for upcoming economic data
	Forecast	Prior Observation	Consensus
Week of December 18
December 18
NAHB Index	36	34	36

December 19
Housing Starts - November	1.360M	1.372	1.360
Building Permits	1.475	1.487	1.463

December 20
Current Account - Q3	-$199.4B	212.1
Consumer Confidence	102.0	102.0	104.3
Existing Home Sales - November	3.780M	3.790	3.770

December 21
Philadelphia Fed Survey	-3.0	-5.9	-3.0

GDP - Q3 (f)	5.2	5.2	5.2
Initial Unemployment Claims	215K	202	217.5
Leading Indicators - Nobember	-0.5	-0.8	-0.4

December 22
Durable Goods Orders - November	2.5	-5.4	2.0

Personal Income - November	0.4%	0.2	0.4
Personal Spending	0.3	0.2	0.3

New Home Sales - November	688K	679	685
Michigan Consumer Sentiment - December (r)	69.4	69.4	69.7

Week of December 25
December 26
Chicago Fed National Activity Index - November	-0.49	-0.49

S&P Case/Shiller Index - October
Twenty City M/M	0.2%	0.2
Twenty City M/M - SA	0.6	0.7
Twenty City Y/Y	5.0	3.9

FHFA Housing Price Index - Oct	0.4%	0.6
Dallas Fed Manufacturing Index	-17.0	-19.9

December 27
Richmond Fed Manufacturing Index	-3	-5

December 28
International Trade in Goods - November	-$88.8B	-89.9
Wholesale Inventories (a) - November	-0.2	-0.4

Initial Unemployment Claims
Pending Home Sale Index - November	72.0	71.4

December 29
Chicago PMI	50.0	55.8

More By This Author: