An MNI Main Wire story at 11:47am...>

US DATA PREVIEW: An MNI Main Wire story at 11:47am ET said that "with a lack of

consensus on the impact of this week's data, the MNI survey's median forecast

for 3Q advance GDP remains unchanged at 2.7%." The report comes out Friday at

8:30am ET.

- "Despite some analysts revising forecasts for 3Q advance GDP in response to

Wednesday's durables and new home sales reports and Thursday's advance goods

trade report, there was no clear consensus on upward nor downward revisions for

the data report to released Friday morning," it said. 

- "While analysts such as UBS, Goldman Sachs, and JP Morgan raised estimates due

to what they viewed as positive economic indicators, First Trust and Barclays

lowered their estimates based on the 1.0% decline in advance retail inventories

and the trade deficit widening further than they expected, respectively.

Showcasing the uncertainty going into GDP forecasts, Amherst Pierpont notes that

the trade gap actually widened less than they expected, but that advanced

inventories was softer - offsetting each other."