Economic Data Forecasts For The Weeks Of Dec. 2 & 9 -

Economic Data Forecasts For The Weeks Of Dec. 2 & 9

Dec 01, 2024Jeremy ParkinsonFinance, No picture0

Here are my forecasts for upcoming economic data. Forecast Prior Observation Week of December 2 December 2 ISM (Mfg) – November 47.0 46.5 Construction Spending – October 0.3% 0.1 December 3 JOLTS-October 7.287M 7.443 Auto Sales* – November 16.0K 16.0 Car Sales 3.0 3.1 Truck Sales 13.0 13.0 December 4 Factory Orders – October 0.4% -0.5 Durable Goods Orders 0.4 -0.7 Nondurable Goods Orders 0.3 -0.2 ADP Employment Report – November 135K 233 ISM Services – November 55.0 56.0 December 5 International Trade – October -$75.4B -84.4 December 6 Nonfarm Payrolls – November 160K 12K Private 135 -28 Core Private Unemployment 4.1% 4.1 Average Workweek 34.3HR 34.3 Average Hourly Earnings 0.3% 0.4 Michigan Consumer Sentiment – Dec (p) 75.0 73.0 Consumer Credit – October $10.0B 6.0 Week of December 9 December 9 Wholesale Inventories – October (p) 0.0% -0.2 December 10 NFIB Small Business Optimism Index -November 94.0 93.7 Productivity – Q3 (r) 2.2% 2.2 Unit Labor Costs 1.9 1.9 December 11 Consumer Price Index – November 0.2% 0.2 Core CPI 0.3 0.3 Treasury Budget – November -$356.0B -257.5 December 12 Producer Price Index – November 0.3% 0.2 PPI less food, energy and trade services 0.3 0.3 December 13 Export Prices – November -0.3% 0.3 Import Prices -0.3 0.2 Import Prices, ex-Energy -0.1 1.2

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