Forecasts For Week of Week of December 15

Here are my forecasts for upcoming economic data.
	Forecast	Prior Observation
Week of December 15
December 15
NY Fed Manufacturing Index	12.0	10.16	12.0
Industrial Production - November	0.7%	-0.1	0.7
Capacity Utilization	79.4	78.9	79.4
Manufacturing	0.2
NAHB Index	58	58	59
December 16
Housing Starts - November	1.030M	1.009	1.038
Building Permits	1.040	1.092	1.08
PMI Services Flash Index	54.7	54.7	55.5
December 17
Consumer Price Index - November	-0.1%	0.0	-0.1
Core CPI	0.1	0.2	0.1
Energy
Current Account - Q3	-$95.0	-98.5	-96.3
FMOC
December 18
Initial Unemployment Claims	295K	295	295
PMI Services Flash Index	56.3	56.3	57.3
Philadelphia Fed Survey	22.0	40.8	25.0
Leading Indicators - Nobember	0.4%	0.9	0.6
Week of December 22
December 22	5.260M	5.260	5.25
Existing Home Sales - November
Chicago Fed National Activity Index - November	0.25	0.14
December 23
Durable Goods Sales - November	1.1%	0.3	1.3
GDP - Q3 (f)	4.0%	3.9	4.0
GDP Implicit Price Deflator	1.4	1.4	1.4
Personal Income - November	0.6%	0.2	0.5
Personal Spending	0.5	0.2	0.5
PCE Price Index	-0.1	0.1
Core PCE Price Index	0.1	0.2
FHFA Housing Price Index- Oct	0.3%	0.0
Michigan Consumer Sentiment - December (r)	93.0	93.8
New Home Sales - November	458K	458	472
Richmond Fed Manufacturing Index	6	4	Peter Morici is a professor at the University of Maryland Smith School of Business, former Chief Economist at the U.S. International Trade Commission, and five-time winner of the MarketWatch best forecaster award.