Economic Data Forecasts For The Weeks Of Dec. 2 & 9
| Here are my forecasts for upcoming economic data. | ||||
| Forecast | Prior | |||
| Observation | ||||
| Week of December 2 | ||||
| December 2 | ||||
| ISM (Mfg) - November | 47.0 | 46.5 | ||
| Construction Spending - October | 0.3% | 0.1 | ||
| December 3 | ||||
| JOLTS-October | 7.287M | 7.443 | ||
| Auto Sales* - November | 16.0K | 16.0 | ||
| Car Sales | 3.0 | 3.1 | ||
| Truck Sales | 13.0 | 13.0 | ||
| December 4 | ||||
| Factory Orders - October | 0.4% | -0.5 | ||
| Durable Goods Orders | 0.4 | -0.7 | ||
| Nondurable Goods Orders | 0.3 | -0.2 | ||
| ADP Employment Report - November | 135K | 233 | ||
| ISM Services - November | 55.0 | 56.0 | ||
| December 5 | ||||
| International Trade - October | -$75.4B | -84.4 | ||
| December 6 | ||||
| Nonfarm Payrolls - November | 160K | 12K | ||
| Private | 135 | -28 | ||
| Core Private | ||||
| Unemployment | 4.1% | 4.1 | ||
| Average Workweek | 34.3HR | 34.3 | ||
| Average Hourly Earnings | 0.3% | 0.4 | ||
| Michigan Consumer Sentiment - Dec (p) | 75.0 | 73.0 | ||
| Consumer Credit - October | $10.0B | 6.0 | ||
| Week of December 9 | ||||
| December 9 | ||||
| Wholesale Inventories - October (p) | 0.0% | -0.2 | ||
| December 10 | ||||
| NFIB Small Business Optimism Index -November | 94.0 | 93.7 | ||
| Productivity - Q3 (r) | 2.2% | 2.2 | ||
| Unit Labor Costs | 1.9 | 1.9 | ||
| December 11 | ||||
| Consumer Price Index - November | 0.2% | 0.2 | ||
| Core CPI | 0.3 | 0.3 | ||
| Treasury Budget - November | -$356.0B | -257.5 | ||
| December 12 | ||||
| Producer Price Index - November | 0.3% | 0.2 | ||
| PPI less food, energy and trade services | 0.3 | 0.3 | ||
| December 13 | ||||
| Export Prices - November | -0.3% | 0.3 | ||
| Import Prices | -0.3 | 0.2 | ||
| Import Prices, ex-Energy | -0.1 | 1.2 | ||
More By This Author:
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Economic Data Forecasts For The Weeks Of November 4 & 11
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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