Economic Data Forecasts For The Weeks Of December 11 And 18

 
Here are my forecasts for upcoming economic data.    
 
Forecast
Prior Observation
Consensus
Week of December 11
 
 
 

 
 
 
 
 
 
 
 
December 12
 
 
 
NFIB Small Business Optimism Index -November
90.7
90.7
 
 
 
 
 
Consumer Price Index - November
0.0%
0.0
0.0
Core CPI
0.3
0.2
0.3
Energy
 
 
 
 
 
 
 
Treasury Budget - November
-$217.0B
-66.6
300.0
 
 
 
 
December 13
 
 
 
Producer Price Index - November
0.1%
-0.5
0.1
FOMC
5.375%
5.375
 
 
 
 
 
December 14
 
 
 
Retail Sales - November
0.0%
-0.1
-0.1
Retail Sales, ex Autos
-0.1
0.1
-0.1
Retail Sales, ex Autos and Gas
0.0
0.1
 
 
 
 
 
Export Prices -  November
-1.0%
-1.1
-1.0
Import Prices
-1.0
-0.8
-0.8
Import Prices, ex-Energy
-1.0
 
 
 
 
 
 
Initial Unemployment Claims
220K
220
221
Business Inventories - October
0.0%
0.4
0.0
 
 
 
 
December 15
 
 
 
NY Fed Manufacturing Index
5.0
9.1
2.0
 
 
 
 
Industrial Production - November
0.3%
-0.3
0.3
Capacity Utilization
79.1
79.4
79.2
Manufacturing
0.4
-0.3
0.5
 
 
 
 
PMI Manufacturing Flash Index
49.5
49.4
 
PMI Services Flash Index
50.8
50.8
50.5
 
 
 
 
Week of December 18
 
 
 
December 18
 
 
 
NAHB Index
36
34
 
 
 
 
 
December 19
 
 
 
Housing Starts - November
1.360
1.372
 
Building Permits
1.475
1.487
 
 
 
 
 
December 20
 
 
 
Current Account - Q3
-$199.4B
212.1
 
Consumer Confidence
101.0
102.0
 
Existing Home Sales - November
3.780M
3.790
 
 
 
 
 
December 21
 
 
 
Philadelphia Fed Survey
-3.0
-5.9
 
 
 
 
 
GDP - Q3 (f)
5.2
5.2
 
Leading Indicators - Nobember
-0.6
-0.8
 
 
 
 
 
December 22
 
 
 
Durable Goods Orders - November
4.5
-5.4
 
 
 
 
 
Personal Income - November
0.4%
0.2
 
Personal Spending
0.1
0.2
 
 
 
 
 
New Home Sales - November 
699K
679
 
Michigan Consumer Sentiment - December (r)
69.4
69.4
 

More By This Author:

Economic Data Forecasts For The Weeks Of December 5 And 12
Economic Data Forecasts For The Weeks Of November 20 & 27
Economic Data Forecasts For The Weeks Of Nov. 6 & 13

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.