| Here are my forecasts for upcoming economic data. |
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Forecast |
Prior |
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Observation |
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| Week of December 16 |
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| December 16 |
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| NY Fed Manufacturing Index |
3.0 |
31.2 |
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|
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| PMI Manufacturing Flash Index |
49.7 |
49.7 |
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| PMI Services Flash Index |
52.8 |
52.1 |
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|
| December 17 |
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| Retail Sales – November |
0.4% |
0.4 |
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| Retail Sales, ex Autos |
0.3 |
0.1 |
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| Retail Sales, ex Autos and Gas |
0.4 |
0.1 |
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| |
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| Industrial Production – November |
0.2% |
-0.3 |
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| Capacity Utilization |
77.2 |
77.1 |
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| Manufacturing |
0.3 |
-0.5 |
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| |
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| Business Inventories – October |
0.2% |
0.1 |
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| NAHB Index |
48 |
46 |
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| December 18 |
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| Housing Starts – November |
1.332M |
1.311 |
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| Building Permits |
14.25 |
1.416 |
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| Current Account – Q3 |
-$2.87.0 |
-266.8 |
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| FOMC |
4.375 |
4.625 |
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| December 19 |
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| Philadelphia Fed Survey |
2.4 |
-5.5 |
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| GDP – Q3 (f) |
2.8% |
2.8 |
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| Leading Indicators – November |
-0.2% |
-0.4 |
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| Existing Home Sales – November |
4.092M |
3.930 |
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| December 20 |
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|
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| Personal Income – November |
0.4% |
0.6 |
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| Personal Spending |
0.4 |
0.4 |
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| Week of December 23 |
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| December 23 |
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| Consumer Confidence |
110.6 |
111.7 |
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| December 24 |
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| Durable Goods Orders – November |
0.3% |
0.2 |
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| New Home Sales – November |
674K |
624 |
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| Richmond Fed Manufacturing Index |
-7.0 |
-14.0 |
