Free Trial

US Data: Highlights of Market Estimates of Economic Forecasts

     WASHINGTON (MNI) - The following are highlights of forecasts for 
upcoming U.S. economic indicators provided by Bloomberg estimates. The comment
section presents the key elements behind the median forecasts. 
     October Retail Sales (percent change)
Friday, November 15th at 8:30 a.m. ET                            Actual:        
                          Median                             Oct19  Sep19  Aug19
Retail Sales               0.2                                --    -0.3    0.4
ex. mtr veh                0.4                                --    -0.1    0.0
ex. mtr veh & gas          0.3                                --     0.0    0.1
        Comments: Retail sales measures are expected to jump considerably, with
a headline figure moving to 0.2% from -0.3%, but held down by declines in auto
sales. Excluding motor vehicles, the figure is projected to move to 0.4% from
-0.1%, and further excluding gas is anticipated to jump to 0.3% from 0.0 in
September.  
     October Imports & Exports Price Index (index)
Friday, November 15th at 8:30 a.m. ET                            Actual:        
                          Median                              Oct19  Sep19 Aug19
Imports                   -0.2                                 --     0.2   -0.5
     Exports                   -0.1                                 --    -0.2  
-0.6     
        Comments: The Imports Price Index is anticipated to fall to -0.2% from
0.2% in September. Exports are projected to improve slightly to -0.1 from -0.2
in September. 
     November Empire Manufacturing Index(index)
Friday, November 15th at 8:30 a.m. ET                            Actual:        
                          Median                              Nov19  Oct19 Sep19
Index                     6.0                                 --     4.0    2.0 
        Comments: The Empire Manufacturing Index is expected to rise for the
third consecutive month, moving to 6.0 from 4.0, and 2.0 prior to that. 
     Industrial Production (percent change)
Friday, November 15th at 9:15 a.m. ET                             Actual:       
                            Median                            Oct19  Sep19 Aug19
Ind. Prod                     -0.4                             --    -0.4    0.8
Cap. Util                    77.0                              --    77.5   77.9
        Comments: October Industrial production and capacity utilization are
expected to be weighed by the GM strike, with industrial production falling
-0.4%, and capacity utilization dropping to 77.0% from 77.5%. 
     September Business Inventories 
Friday, November 15th at 10:00 a.m. ET                            Actual:       
                          Median                              Sep19  Aug19 Jul19
Inventories                 0.1                                --     0.0   0.4 
        Comments: Business Inventories are expected to tick up slightly in
September, moving to a 0.1% reading after a flat August reading. This small
uptick coincides with similar reading in the Small Business index, underscoring
investor confidence.
--MNI Washington Bureau; +1 202 371 2121; email: alexandra.kelley@marketnews.com
[TOPICS: MTABLE,M$U$$$]

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.