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. 

     Nonfarm Payrolls for December(change in thousands) 

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

               Median                                     Dec19  Nov19  Oct19   

Payrolls        165k                                         --   266k   156k

Private Jobs    154k                                         --   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

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