Economic Data Forecasts For The Weeks Of Dec. 16 And 23. -

Economic Data Forecasts For The Weeks Of Dec. 16 And 23.

Dec 15, 2024Jeremy ParkinsonFinance, No picture0

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

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