Forecasts for the Weeks of December 25 and January 1

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Posted: Dec 27, 2017 11:01 AM
Forecasts for the Weeks of December 25 and January 1
Here are my forecasts for upcoming economic data.


ForecastPrior ObservationConsensus
December 28


International Trade in Goods -   November-$67.6B-68.3-67.6
Initial Unemployment Claims240K245240
Wholesale Inventories (a) -   November0.4%-0.5
Business Inventories (a) -   November0.3-0.1




December 29


Chicago PMI61.668.963.0




Week of January 1


January 2


PMI Manufacturing Index -   December55.055.0




January 3


ISM (Mfg) - December58.258.2




Construction Spending - December0.7%1.4




Auto Sales* - December15.5M17.53
*SAAR, as published by Motor   Intelligence






January 4


Initial Unemployment Claims240K245
ADP Employment - December200K190
PMI Services Index - December52.452.4




January 5


ISM Services - December57.657.4




Nonfarm Payrolls - December210K228
Private205221
Manufacturing2531
Unemployment4.1%4.1
Average Workweek34.5Hr34.5
Average Hourly Earnings0.2%0.2




International Trade - November-$48.1B-47.4








Factory Orders - November0.8%0.1
Durable Goods Orders 1.31.3
Nondurable Goods Orders 0.40.7