Economic Data Forecasts For The Weeks Of Dec. 19 And 26
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Here are my forecasts for upcoming economic data.
| Forecast | Prior Observation | Consensus | |
| Week of December 19 | |||
| December 19 | |||
| NAHB Index | 35 | 33 | 34 |
| December 20 | |||
| Housing Starts - November | 1.415M | 1.425 | 1.400 |
| Building Permits | 1.515 | 1.526 | 1.483 |
| December 21 | |||
| Current Account - Q3 | -$225.0B | -251.1 | -224.0 |
| Consumer Confidence | 98.2 | 100.2 | 101.0 |
| Existing Home Sales - November | 4.030M | 4.430 | 4.20 |
| December 22 | |||
| Initial Unemployment Claims | 220K | 211 | 225 |
| GDP - Q3 (f) | 2.9% | 2.9 | 2.9 |
| Chicago Fed National Activity Index - November | -1.0 | -0.5 | |
| Leading Indicators - Nobember | -0.4% | -0.8 | -0.5 |
| December 23 | |||
| Durable Goods Orders - November | -0.4% | 1.1 | -0.8 |
| Personal Income - November | 0.4% | 0.7 | 0.3 |
| Personal Spending | 0.3 | 0.8 | 0.2 |
| New Home Sales - November | 605K | 632 | 595 |
| Michigan Consumer Sentiment - December (r) | 59.1 | 59.1 | 59.1 |
| Week of December 26 | |||
| December 27 | |||
| International Trade in Goods - November | -$96.0 | -99.0 | |
| Wholesale Inventories (a) - November | 0.4% | 0.5 | |
| S&P Case/Shiller Index - October | |||
| Twenty City M/M | -1.4% | -1.5 | |
| Twenty City M/M - SA | -1.2 | -1.2 | |
| Twenty City Y/Y | 8.0 | 10.4 | |
| FHFA Housing Price Index - Oct | -0.6% | 0.1 | |
| Dallas Fed Manufacturing Index | -11.0 | -14.4 | |
| December 28 | |||
| Pending Home Sale Index - November | 77.1 | 77.1 | |
| Richmond Fed Manufacturing Index | -9.0 | -9.0 | |
| December 30 | |||
| Chicago PMI | 47.1 | 47.1 | |
| Employment Cost Index - Q3 | 1.2% | 1.2 | |
| Employment Cost Index - Y/Y | 5.3 | 5.0 |
More By This Author:
Economic Data Forecasts For The Weeks Of Dec. 12 And 19
Economic Data Forecasts For The Weeks Of Dec. 5 And 12
Economic Data Forecasts For The Week Of Nov. 28
Peter Morici is an economist and emeritus business professor at the University of Maryland, and a national columnist.
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