Economy Week Ahead: Manufacturing Data From U.S. and China, U.S. Home Sales

Date : 12/15/2019 @ 8:29PM
Source : Dow Jones News

Economy Week Ahead: Manufacturing Data From U.S. and China, U.S. Home Sales

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.


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%.


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.


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.


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)

Copyright (c) 2019 Dow Jones & Company, Inc.

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