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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. The comment section presents the
key elements behind the median forecasts. 
Weekly Jobless Claims (thousands)
 Thursday, Jan. 2 at 8:30 a.m. ET 
                                 Median               Dec28  Dec21  Dec14
Initial Claims                      220                  --    222    235
     Comments: Weekly jobless claims are expected to dip to 220K for the week
ending December 28.
North American Made Light Vehicle Sales (millions)
 Friday, Jan. 3
                                 Median               Dec19  Nov19  Oct19
Index                              17.0                  --   17.1   
     Comments: North American made light vehicle sales are expected to fall back
to 17.0 million from 17.1 million in November.
ISM Manufacturing Index 
 Friday, Jan. 3 at 10:00 ET
                                 Median               Dec19  Nov19  Oct19
Activity Index                     49.0                  --   48.1   48.3
     Comments: The ISM Manufacturing index is expected to stay in contractionary
territory but rise slightly to 49.0 in December from 48.1 in November. Regional
manufacturing surveys were weaker in the month. 
Construction Spending (percentage change)
 Friday, Jan. 3 at 10:00 ET
                                 Median               Nov19  Oct19  Sep19
Total Spending                     +0.4                  --   -0.8   -0.3
     Comments: A 0.4% increase in construction spending is expected in November,
rebounding from the -0.8% fall in October. 
--MNI Washington Bureau; +1 202-371-2121; email:
MNI Washington Bureau | +1 202-371-2121 |
MNI Washington Bureau | +1 202-371-2121 |

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