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US Data: Highlights of Market Survey of Economic Forecasts 

Repeats Story Initially Transmitted at 21:06 GMT Oct 31/17:06 EST Oct 31
    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.
       October Nonfarm Payrolls (thousands)
Friday, November 1 at 8:30 a.m. EST                         
                                                             Actual:
                    Median                            Oct19  Sep19 Aug19      
Index:               85                                --     136   130
     Comments: Nonfarm payrolls are expected to drop to 85,000 in October 
from a stronger 136,000 reported in September.   
     October Private Payrolls (thousands)
Friday, November 1 at 8:30 a.m. EST                         
                                                             Actual:
                    Median                            Oct19  Sep19 Aug19      
Index:               80                                --     114    96
     Comments: Private Payrolls are expected to follow suit with Nonfarm 
Payrolls and drop to 80,000 after 114,000 reported in September.  
      October Unemployment Rate (percent change)
Friday, November 1 at 8:30 a.m. EST                         
                                                             Actual:
                    Median                            Oct19  Sep19 Aug19      
Index:               3.6                               --     3.5   3.7
     Comments: The unemployment rate is ticking up just slightly to 3.6 
from 3.5 in September. The August reading was 3.7, making this a fairly 
stable figure. 
     October Work Week Hours & Earnings (percent change & hours)
Friday, November 1 at 8:30 a.m. EST                         
                                                             Actual:
                    Median                            Oct19  Sep19 Aug19      
Hours:                34.4                             --    34.4   34.4
     Earnings:             0.3                              --    0.4     0.4 
     Comments: October work week hours are expected to remain around the
constant average of 34.4, while earnings are anticipated to soften to 0.3% after
two months of 0.4% upticks.  
     October ISM Manufacturing Index (index)
Friday, November 1 at 8:30 a.m. EST                         
                                                             Actual:
                    Median                            Oct19  Sep19 Aug19      
Index:               49.0                               --   47.8  46.0
     Comments: The ISM Manufacturing Index is projected to rise to 49 after
September's reading of 47.8. This would mark the fourth month of consecutive
increases. 
     September Construction Spending (percent change)
Friday, November 1 at 8:30 a.m. EST                         
                                                             Actual:
                    Median                            Sep19 Aug19 Jul19     
Change:              0.2                               --    0.1   0.1
     Comments: Construction Spending is expected to increase to 0.2% after
August's reading of 0.1%. 
     October Markit Manufacturing Index(index)
Friday, November 1 at 8:30 a.m. EST                         
                                                             Actual:
                    Median                            Oct19  Sep19 Aug19      
Index:               51.5                              --    51.5  50.3
     Comments: The Markit Manufacturing Index is expected to remain unchanged at
51.5.
--MNI Washington Bureau; +1 202 371 2121; email: alexandra.kelley@marketnews.com
[TOPICS: MTABLE]
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