US Data: Highlights of Market Estimates of Economic Forecasts

Repeats Story Initially Transmitted at 22:06 GMT Nov 20/17:06 EST Nov 20

     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. 

     Nov Philadelphia Fed Manufacturing Index (index)

Thursday, November 21st at 8:30 a.m. ET                     Actual:        

               Median                                    Nov19  Oct19  Sep19 

Index           6.0                                       --     5.6   12.0

        Comments: The Philadelphia Fed Manufacturing Index is expected to

continue climbing to 7.0 from 5.6 in October. The October reading was a drop

from three consecutive months of larger readings, but looks to be rebounding

slowly. 

     Weekly Jobless Claims (thousands)

Thursday, November 21st at 8:30 a.m. ET                     Actual:        

               Median                                    Nov16   Nov9   Nov2

Claims          218k                                       --    225k   211k

        Comments: Claims are expected to return to the normal average of 215,000

after two weeks of fluctuations. 

     October Existing Home Sales (millions)

Thursday, November 21st at 10:00 a.m. ET                   Actual:        

                      Median                            Oct19  Sep19  Aug19   

PPI                    5.49                               --    5.38   5.49 

        Comments: The October existing home sales and anticipated to return to

5.49m, rebounding from September to reach the same reading seen in August. 

     October Leading Indicators(percent change)

Thursday, November 21st at 10:00 a.m. ET                   Actual:        

                          Median                        Oct19  Sep19  Aug19

Indicators                -0.2                           --     -0.1   0.0

        Comments: The Leading Indicators reading is expected to jump to an

October reading of -0.2%.

     November Markit Manufacturing Index (index)

Friday, November 22nd at 9:45 a.m. ET                       Actual:        

                          Median                         Nov19  Oct19 Sep19

Index                      51.4                           --     51.3  51.5     

        Comments: The Markit Manufacturing Index is expected to tick up slightly

to 51.4 in November after 51.3 in October. 

     November Markit Services Index (index)

Friday, November 22nd at 9:45 a.m. ET                        Actual:        

                          Median                          Nov19  Oct19 Sep19

Index                      51.0                            --    50.6   50.9

        Comments: Similarly, the Markit Services Index is expected to rise to

51.2 in November from 50.6 in October. 

     Nov Final Michigan Sentiment Index--Final (index)

Friday, November 22nd at 10:00 a.m. ET                       Actual:        

                          Median                          Nov19  Oct19 Sep19

Inventories                95.7                            --    95.5   93.2

        Comments: The Michigan Sentiment Index is expected to increase by 0.3pp

to 95.8 in November from 95.5 in October. 

     Nov Kansas City Fed Manufacturing Index (index)

Friday, November 22nd at 11:00 a.m. ET                       Actual:        

                          Median                          Nov19  Oct19 Sep19

Inventories                 -2                               --     -3    -2

        Comments: The Kansas City Fed Manufacturing Index is expected to rise to

-2 in November after a -3 reading in October. 

--MNI Washington Bureau; +1 202 371 2121; email: alexandra.kelley@marketnews.com

[TOPICS: MTABLE]