Economic Data Forecasts For The Weeks Of November 18 And 25

Here are my forecasts for upcoming economic data.

     
 

Forecast

Prior Observation

Consensus

 

Week of November 18

       

November 19

       

Housing Starts - October

1.280M

1.256

1.320

 

Building Permits

1.385

1.391

1.380

 
         

NAHB Index

70

71

71

 
         

November 21

       

Initial Unemployment Claims

215K

225

219

 

Philadelphia Fed Survey

8.0

5.6

7.5

 

Existing Home Sales - October

5.490M

5.380

   

Leading Indicators

0.0%

-0.1

-0.1

 
         

November 22

       

PMI Services Flash Index

51.0

50.6

51.2

 

PMI Manufacturing Flash Index

52.0

51.3

51.6

 
         

Kansas City Fed Manufacturing Index

0

-3

   

Michigan Consumer Sentiment Index - Nov(r)

95.7

95.7

95.7

 
         

Week of November 25

       

November 25

       

Chicago Fed National Activity Index - October

-0.20

-0.45

   

Dallas Fed Manufacturing Index

-2.0

-5.1

   
         

November 26

       

International Trade in Goods - October

-$71.0B

-70.4

   

Wholesale Inventories - October (p)

0.3%

-0.4

   

FHFA Housing Price Index - Sept

0.3

0.2

   

New Home Sales - October

690K

701

   

Richmond Fed Manufacturing Index

2

8

   

Consumer Confidence - November

126.5

125.9

   
         
         

S&P Case/Shiller Index - September

       

Twenty City M/M

-0.2

0.0

   

Twenty City M/M - SA

0.3%

-0.2

   

Twenty City Y/Y

1.8

2.0

   
         

November 27

       

Durable Goods Sales - October

-0.5%

-1.2

   
         

GDP - Q3 (r)

1.9%

1.9

   
         

Personal Income - October

0.3%

0.3

   

Personal Spending

0.3

0.2

   
         

Pending Home Sale Index - October

108.0

108.7

   

Chicago PMI

50.0

43.2

   
         

Peter Morici is a professor at the University of Maryla

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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