US Data: Highlights of Market Survey of Economic Forecasts

 WASHINGTON (MNI) - The following are highlights of forecasts for 

upcoming U.S. economic indicators provided by Bloomberg forecasts. The 

comment section presents the key elements behind the median forecasts.

          Jobless Claims (thousands)

Thursday, October 24 at 8:30 a.m. EST                         

                                                             Actual:

                    Median                           Oct19  Oct12  Oct5      

Claims:              215                              --     214   210   

     Comments: Jobless claims for the October 19 week will rise slightly but 

remain stable, moving to 215,000 from Oct 12's 214,000 reading. 

   September Durable Goods Orders (percent change)

Thursday, October 24 at 8:30 a.m. EST                         

                                                             Actual:

                    Median                            Sep19  Aug19 Jul19     

Change:              -0.7                              --     0.2   2.0

ex trans:            -0.2                              --     0.5  -0.4

     Comments: September durable goods are expected to fall to a -0.7% from 

0.2%. This loss is likely a result of trade tensions and a global 

manufacturing slowdown.

  October Markit Manufacturing Index (index)

Thursday, October 24 at 9:45 a.m. EST                         

                                                             Actual:

                    Median                           Oct19  Sep19  Aug19      

Index:              50.9                              --    51.1    50.3

     Comments: Tyhe Markit Manufacturing index is expected to dip slightly to 

50.9 from September's 51.1. 

  October Markit Services Index (index)

Thursday, October 24 at 9:45 a.m. EST                         

                                                             Actual:

                    Median                             Oct19 Sep19 Aug19      

Index:               51.0                               --   50.9   50.7

     Comments: The Markit Services index is likely to increase slightly, 

moving inversley to the corresponding Markit Manufacturing Index. 

       September New Home Sales (thousands & percent change)

Thursday, October 24 at 10:00 a.m. EST                         

                                                             Actual:

                    Median                            Sep19  Aug19 Jul19     

Sales:               702                              --     713    635

Percent Change:      -1.6                             --     7.1   -12.8

     Comments: September New home sales are expected to fall by 1% to 702,000 

from August's 713,000. 

      Kansas City Manufacturing Index (index)

Thursday, October 24 at 11:00 a.m. EST                         

                                                             Actual:

                    Median                            Oct19 Sep19  Aug19      

Index:               -3                                 --    -2    -6

     Comments: The Kansas City manufacturing index is expected to dip to -3 

from a -2 reading in September. 

October Michigan Sentiment Index (index)

Friday, October 25 at 10:00 a.m. EST                         

                                                             Actual:

                    Median                            Oct19f  Octp  Sepf      

Index:               96.0                             --    96.0    93.2

Comments:  The October Michigan Consumer Sentiment index is expected to 

remain unchanged at 96.0. 

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

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