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. 

     November 23 Jobless Claims (thousands)

Wednesday November 27th at 8:30 a.m. ET                       Actual:        

                          Median                          Nov23  Nov16  Nov9

Claims                      221                             --     227   211

        Comments: The weekly Jobless Claims report is expected to move down to

221,000 from 227,000. 

     October Durable Goods Orders (percent change)

Wednesday November 27th at 8:30 a.m. ET                       Actual:        

                          Median                          Oct19  Sep19  Aug19

new orders                 -0.9                            --   -1.2     0.2

ex trans                    0.1                            --   -0.4     0.4

        Comments: The October durable goods report is expected to show new

orders falling -0.9%, slower than September's -1.2%. Excluding transportation,

orders are expected to rise 0.1%. 

     Q3 GDP (preliminary)

Wednesday November 27th at 8:30 a.m. ET                       Actual:        

                          Median                        Q3(p)  Q3(a) Q2(f)  

GDP                         1.9                          --     1.9   2.0

Price Index                 1.7                          --     1.7   2.4

        Comments: 3rd quarter GDP is expected to stay unrevised at 1.9% with the

price index remaining at 1.7%.  

     Nov MNI Chicago PMI (index)

Wednesday November 27th at 9:42 a.m. ET                       Actual:        

                          Median                         Nov19  Oct19  Sep19  

Index                      47.0                           --    43.2    47.1

        Comments: The November Chicago PMI is expected to rebound to 47.0 after

falling sharply to 43.2 in October. 

     October Personal Income(percent change)

Wednesday November 27th at 10:00 a.m. ET                       Actual:        

                          Median                          Oct19  Sep19  Aug19

Personal income            0.3                             --     0.2    0.1

Current dollar PCE         0.3                             --     0.3    0.4

Price index                0.3                             --     0.0    0.0

Core PCE price index       0.1                             --     0.0    0.1

        Comments: Personal income in October is expected to grow at a 0.3% pace,

slightly faster than in September. Current dollar personal consumption

expenditures is expected to grow another 0.3%, matching September's rate. PCE

headline inflation is expected to rise 0.3% after being flat for the previous

two months. Core PCE inflation is expected to pick up to 0.1% as well, from a

flat reading. 

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

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