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MNI Survey of US Economic Forecasts: July 18-19

                      Jul 18  Jul 18  Jul 18   Jul 19
-----------------------------------------------------
                        Init    Phil    Lead     Mich
                      Claims     Fed   Index     Sent
Data For              13-Jul     Jul     Jun  Jul (p)
Denomination               K   Index       %    Index
Median Forecast **       216     5.0     0.1     98.7
High Forecast            220     7.0     0.1     99.7
Low Forecast             210     0.0     0.0     98.0
Mean                     216     4.3     0.1     98.7
Standard Deviation       2.8     1.7     0.0      0.4
No. of Responses          11      13       6       16
Amherst Pierpont         216      NA      NA     99.7
BofA/Merrill Lynch       220     0.0      NA     99.0
Barclays Capital         215     3.0      NA     98.5
BMO                      216     3.0     0.0     98.5
Capital Economics         NA      NA     0.0     99.0
CIBC                      NA      NA      NA       NA
Commerzbank              210     5.0      NA     98.0
Credit Suisse             NA      NA      NA     99.0
Deutsche Bank             NA     5.0     0.1     98.2
FT Advisors              216     2.8      NA     98.7
Goldman Sachs            220     6.3      NA     99.0
HSBC                      NA     7.0      NA     98.0
ING Group                 NA      NA      NA     98.6
J.P. Morgan              220     5.0      NA     99.0
Morgan Stanley            NA      NA     0.1       NA
Nomura                    NA     4.0      NA       NA
NTL Bank Canada           NA      NA      NA       NA
RBC                      215     5.0      NA     99.0
SocGen                    NA      NA      NA       NA
UBS                      216     5.0     0.1     98.4
Umaryland                215     5.0     0.1     98.7
--MNI Washington Bureau; tel: +1 202-371-2121; email: kevin.kastner@marketnews.com
[TOPICS: MTABLE,M$U$$$]

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