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MNI Survey of US Economic Forecasts: August 1

                       Aug 1     Aug 1         Aug 1     Aug 1   Aug 1     Aug 1
--------------------------------------------------------------------------------
                    Domestic                              Core
                                             Current       PCE
                     Vehicle  Personal        Dollar     Price     ISM    Constr
                       Sales    Income           PCE     Index  Manufg  Spending
Data For                 Jul       Jun           Jun       Jun     Jul       Jun
Denomination               M   Pct Chg       Pct Chg   Pct Chg   Index   Pct Chg
Median Forecast
**                      13.3       0.4           0.1       0.1    56.3       0.4
High Forecast           13.4       0.5           0.2       0.1    57.5       0.6
Low Forecast            13.1       0.2           0.0       0.0    55.0      -0.8
Mean                    13.3       0.4           0.1       0.1    56.2       0.3
Standard
Deviation                0.2       0.1           0.1       0.0     0.7       0.4
No. of Responses           2        16            16        10      16        11
BofA/Merrill
Lynch                     NA       0.4           0.0        NA    57.0       0.0
Bank of the West          NA       0.3           0.1       0.1    56.4       0.4
Barclays Capital          NA       0.4           0.2       0.1    56.5       0.6
BMO                       NA       0.4           0.1       0.1    56.5       0.4
Capital
Economics                 NA        NA            NA        NA      NA        NA
CIBC                      NA       0.4           0.2        NA    56.2       0.6
Citi Bank                 NA       0.4           0.1       0.1    55.5        NA
Credit Suisse             NA       0.4           0.0       0.1    57.5        NA
FT Advisors             13.1       0.4           0.1        NA    56.6       0.4
Goldman Sachs           13.4       0.2           0.1       0.1    56.8       0.5
J.P. Morgan               NA       0.2           0.1       0.0    56.0       0.3
Morgan Stanley            NA       0.2           0.1       0.1    55.2      -0.8
Natwest                   NA       0.2           0.2       0.1    55.5        NA
RBC                       NA       0.5           0.0        NA    55.0        NA
SocGen                    NA       0.3           0.2       0.1      NA        NA
TD Securities             NA        NA            NA        NA    56.9        NA
UBS                       NA       0.5           0.1        NA    56.0       0.0
UMaryland                 NA       0.4           0.1        NA    56.2       0.4
** Note: The survey median is compiled solely from the forecasts listed above
and is not intended to represent a market consensus.
--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com
[TOPICS: MTABLE,M$U$$$]

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