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US Data: Highlights of Market Estimates of Economic Forecasts

Repeats Story Initially Transmitted at 22:06 GMT Jan 8/17:06 EST Jan 8
     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. 
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%                                    --  -0.7%  -0.1% 
     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
[TOPICS: MTABLE]

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