Economic Data Forecasts For The Weeks Of Dec. 21 And 28

Here are my forecasts for upcoming economic data.  
  Forecast Prior Observation
Week of December 21    
December 21    
Chicago Fed National Activity Index - November 0.70 0.83
     
December 22    
GDP - Q3 (f) 33.1% 33.1
GDP Implicit Price Deflator    
     
Richmond Fed Manufacturing Index 14 15
Existing Home Sales - November 6.700M 6.850
     
December 23    
FHFA Housing Price Index  - Oct 0.4% 1.7
New Home Sales - November  990K 999
Michigan Consumer Sentiment - December (r) 81.4 81.4
     
Personal Income - November -0.3% -0.7
Personal Spending 0.3 0.5
     
December 24    
Durable Goods Orders - November 1.1% 1.3
     
Week of December 28    
December 28    
Dallas Fed Manufacturing Index 12.0 12.0
     
December 29    
S&P Case/Shiller Index - October    
Twenty City M/M 0.8% 1.2
Twenty City M/M - SA 0.6 1.3
Twenty City Y/Y 6.6 6.6
     
Consumer Confidence 97.5 96.1
     
December 30    
International Trade in Goods - November -$81.1B 80.3
Pending Home Sale Index - November 128.9 128.9
Chicago PMI 57.2 58.2

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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