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:
Economic Data Forecasts For The Weeks Of December 11 And 18
Economic Data Forecasts For The Weeks Of December 5 And 12
Economic Data Forecasts For The Weeks Of November 20 & 27
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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