Forecasts For Week of Week of December 15

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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.