Economic Data Forecasts For The Weeks Of Dec. 18 And 25

 

Here are my forecasts for upcoming economic data       Forecast Prior Observation Consensus Week of December 18       December 18       NAHB Index 36 34 36         December 19       Housing Starts – November 1.360M 1.372 1.360 Building Permits 1.475 1.487 1.463         December 20       Current Account – Q3 -$199.4B 212.1   Consumer Confidence 102.0 102.0 104.3 Existing Home Sales – November 3.780M 3.790 3.770         December 21       Philadelphia Fed Survey -3.0 -5.9 -3.0         GDP – Q3 (f) 5.2 5.2 5.2 Initial Unemployment Claims 215K 202 217.5 Leading Indicators – Nobember -0.5 -0.8 -0.4         December 22       Durable Goods Orders – November 2.5 -5.4 2.0         Personal Income – November 0.4% 0.2 0.4 Personal Spending 0.3 0.2 0.3         New Home Sales – November  688K 679 685 Michigan Consumer Sentiment – December (r) 69.4 69.4 69.7         Week of December 25       December 26       Chicago Fed National Activity Index – November -0.49 -0.49           S&P Case/Shiller Index – October       Twenty City M/M 0.2% 0.2   Twenty City M/M – SA 0.6 0.7   Twenty City Y/Y 5.0 3.9           FHFA Housing Price Index  – Oct 0.4% 0.6   Dallas Fed Manufacturing Index -17.0 -19.9           December 27       Richmond Fed Manufacturing Index -3 -5           December 28       International Trade in Goods – November -$88.8B -89.9   Wholesale Inventories (a) – November -0.2 -0.4           Initial Unemployment Claims       Pending Home Sale Index – November 72.0 71.4           December 29       Chicago PMI 50.0 55.8            

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