Economy Week Ahead: Manufacturing Data From U.S. and China, U.S. Home Sales
December 15 2019 - 3:29PM
Dow Jones News
By WSJ Staff
This week's calendar brings new data on manufacturing for both
the U.S. and China, as well as U.S. home sales and November
consumer spending and inflation data.
Monday
China releases industrial-production data for November, expected
to show value-added industrial output rising 5% over the previous
year, up from October's 4.7%.
Tuesday
The Federal Reserve releases November industrial-production
data, a closely watched manufacturing gauge. The measure has
declined in three of the past four months, due to the trade war and
the global slowdown. Analysts expect a 0.8% increase, which could
suggest the gloom is lifting at factories.
The Labor Department releases October data on job openings,
hires and separations, which could show a rebound from September's
decline in openings. But September's report also showed there are
more open positions than unemployed workers available to fill
them.
Thursday
Existing home sales picked up in October but November data
released by the National Association of Realtors is expected to
show a decline to a seasonally adjusted annual rate of 5.44
million.
Friday
The Commerce Department releases November consumer spending data
which could offer an early assessment of this year's holiday
spending season. Analysts expect a 0.4% increase over the previous
month.
The Commerce Department also releases the Federal Reserve's
preferred inflation gauge for November, expected to show a 1.6%
year-over-year increase.
(END) Dow Jones Newswires
December 15, 2019 15:14 ET (20:14 GMT)
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