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

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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