Economic Data Forecasts For The Weeks Of Dec. 7 And 14
| Here are my forecasts for upcoming economic data. | |||
| Forecast | Prior Observation | Consensus | |
| Week of December 7 | |||
| December 7 | |||
| Consumer Credit - October | $17.0B | 16.2 | 16.0 |
| December 8 | |||
| NFIB Small Business Optimism Index -November | 104.0 | 104.0 | |
| Productivity - Q3 (r) | 5.0% | 4.9 | 5.0 |
| Unit Labor Costs | -8.9 | -8.9 | -8.9 |
| December 9 | |||
| Wholesale Inventories - November | 0.9% | 0.9 | 0.9 |
| Wholesale Sales | |||
| JOLTS-October | 6.350M | 6.436 | |
| December 10 | |||
| Initial Unemployment Claims | 735K | 712 | 725 |
| Consumer Price Index - November | 0.0% | 0.0 | 0.1 |
| Core CPI | 0.2 | 0.0 | 0.1 |
| Energy | |||
| Treasury Budget - November | -$200.0B | -284.1 | |
| December 11 | |||
| Producer Price Index - November | 0.0% | 0.3 | 0.2 |
| PPI less food, energy and trade services | 0.2 | 0.2 | |
| Michigan Consumer Sentiment - Dec (p) | 77.0 | 76.9 | 76.5 |
| Week of December 14 | |||
| December 15 | |||
| NY Fed Manufacturing Index | 8.1 | 6.3 | 6.8 |
| Export Prices - November | 0.3% | 0.2 | |
| Import Prices | 0.3 | -0.1 | 0.2 |
| Import Prices Ex Petroleum | 0.1 | 0.0 | |
| Industrial Production - November | 0.3% | 1.1 | 0.5 |
| Capacity Utilization | 72.0 | 72.8 | 73.0 |
| Manufacturing | 0.3 | 1.0 | 0.5 |
| December 16 | |||
| Retail Sales - November | 0.2% | 0.3 | 0.2 |
| Retail Sales, ex Autos | 0.3 | 0.2 | 0.2 |
| Retail Sales, ex Autos and Gas | 0.3 | 0.2 | |
| Retail Sales, Autos | |||
| PMI Services Flash Index | 58.4 | 58.4 | |
| PMI Manufacturing Flash Index | 57.0 | 56.7 | |
| Business Inventories - October | 0.6% | 0.7 | 0.4 |
| NAHB Index | 88 | 90 | 88 |
| FMOC | 0.125% | 0.125 | |
| December 17 | |||
| Housing Starts - November | 1.530M | 1.530 | 1.520 |
| Building Permits | 1.560 | 1.544 | |
| Philadelphia Fed Survey | 22.3 | 26.3 | |
| December 18 | |||
| Current Account - Q3 | -$191.6B | -170.5 | |
| Leading Indicators - November | 0.8% | 0.7 | 0.5 |
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 ...
more
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
