MNI: US Data Forecast Focus: June ISM Mfg Index Seen At 51.3>

     WASHINGTON (MNI) - The ISM manufacturing index is expected to 

decline to a reading of 51.3 in June, a third straight decline. Regional 

conditions data have suggested considerable weakness, with some readings 

turning negative. 

     Analysts overstimated the April and May readings index. Misses in 

past June reports sugged that may change, with underestimates in each of 

the last four June reports.

Forecast:                Jan-19  Feb-19  Mar-19  Apr-19  May-19  Jun-19

 Median                    54.1    55.5    54.6    55.3    52.9    51.3

 Range High                55.0    57.5    56.0    56.2    54.0    53.0

 Range Low                 53.8    53.0    53.3    54.7    51.7    50.0

Actual result              56.6    54.2    55.3    52.8    52.1    #N/A

 Median-Actual             -2.5     1.3    -0.7     2.5     0.8    #N/A

Historical comparison:   Jun-13  Jun-14  Jun-15  Jun-16  Jun-17  Jun-18

 Median                    50.6    55.5    53.3    51.0    55.5    58.2

 Range High                51.5    57.5    58.0    52.0    56.8    60.0

 Range Low                 49.5    54.4    52.0    50.0    54.5    58.0

Actual result              50.9    55.3    53.5    53.2    57.8    60.2

 Median-Actual             -0.3     0.2    -0.2    -2.2    -2.3    -2.0

                         Jan-19  Feb-19  Mar-19  Apr-19  May-19  Jun-19

 MNI Chicago               56.7    64.7    58.7    52.6    54.2    49.7

 Phila. Fed Index          17.0    -4.1    13.7     8.5    16.6     0.3

 Empire State Index         3.9     8.8     3.7    10.1    17.8    -8.6

 Richmond Fed Index          -2      16      10       3       5       3

 Markit Mfg Index          54.9    53.0    52.4    52.6    50.5    50.1

--Kevin Kastner 202-371-2121; email:kkastner@mni-news.com

[TOPICS: MTABLE]