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. 

ADP Private Payrolls for December(change in thousands) 

 Wednesday, January 8 at 8:15 a.m. ET                           Actual: 

               Median                                     Dec19  Nov19  Oct19 

Payrolls       +160k                                         --    67k   125k

     Comments: ADP private payrolls is expected to gain 160,000 in December

following November's 67k increase. 

Consumer Credit for November (dollar change, billions) 

 Wednesday, January 8 at 3:00 p.m. ET                             Actual: 

               Median                                       Nov19  Oct19  Sep19 

Cons Cred     +$16.0b                                        --     18.9    9.5

     Comments: Consumer credit use is expected to rise by $16.0 billion in

November after a $18.9 billion gain in October.

Weekly Jobless Claims

 Thursday, January 9 at 8:30 a.m. ET                         Actual: 

                  Median:                               Jan04 Dec28 Dec21

Initial Claims     220K                                    --  222k  235k

     Comments: Weekly jobless claims are expected to reach 220K for the week

ending January 4, down slightly from 222k for the week ending December 28.

Nonfarm Payrolls for December(change in thousands) 

 Friday, January 10 at 8:30 a.m. ET                                Actual: 

               Median                                     Dec19  Nov19  Oct19   

Payrolls        160k                                         --   266k   156k

Private Jobs    153k                                         --   254k   163k

Jobless Rate    3.5%                                         --   3.5%   3.6%

Hrly Earnings   0.3%                                         --   0.2%   0.4%

Avg Wkly Hrs    34.4                                         --   34.4   34.4

     Comments: U.S. employment growth likely slowed in December to 160k from

November's 266k surge, which was inflated by a 54k increase in manufacturing

jobs following the GM-UAW strike that ended Oct. 29.

Wholesale Trade for November(percent change) 

 Friday, January 10 at 10:00 a.m. ET                            Actual: 

               Median                                Nov19  Oct19  Sep19

Sales           0.2%                                    --   0.1%  -0.7% 

     Comments: Wholesale sales are expected to rise 0.2% after adding 0.1% in

October. 

--MNI Washington Bureau; +86 (10) 8532-5998; email: ryan.hauser@marketnews.com

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