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US Data: Highlights of Market Survey of Economic Forecasts

Repeats Story Initially Transmitted at 22:06 GMT Jan 30/17:06 EST Jan 30
     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.
     December Personal Income(percent change)
 Friday, January 31 at 08:30 a.m. ET               
                                                             Actual:        
                          Median                         Dec19  Nov19  Oct19 
Personal income            +0.3%                            --  +0.5%  +0.1%
Current dollar PCE         +0.3%                            --  +0.4%  +0.3%    
Price index                +0.2%                            --  +0.2%  +0.2%    
Core PCE price index       +0.1%                            --  +0.1%  +0.1%    
     Comments: Personal income in December is expected to grow at a +0.3% pace,
slower than November's +0.5% rate. Current dollar personal consumption
expenditures is expected to grow +0.3%, also down slightly from November's +0.4%
rate. PCE headline inflation is expected to rise 0.2% for the third straight
month. Core PCE inflation is expected to remain unchanged at +0.1% for the fifth
straight month.
Q4 ECI (percent change)
 Friday, Jan. 31 at 8:30 a.m. EST                         
                                                      Actual:
                    Median                        Q4      Q3      Q2      
Index:               +0.7%                        --   +0.7%   +0.6%
     Comments: The Employment Cost index is expected to rise +0.7% in the fourth
quarter, unchanged from Q3. 
January MNI Chicago PMI (index)
 Friday, January 31 at 8:30 a.m. EST                         
                                                           Actual:
                    Median                            Jan19  Dec19  Nov19      
Index:                49.0                               --   48.2   46.3
     Comments: The MNI Chicago PMI for January is expected to tick upward
slightly to 49.0 from 48.2 in December.  
January Michigan Sentiment Index (final)
 Friday, January 31 at 10:00 a.m. EST                         
                                                            Actual:
                    Median                           Jan20f  Jan20p Dec19f      
Index:                99.1                               --    99.1   99.3
Comments: The January Michigan Consumer Sentiment index (final) is expected to
remain unchanged at 99.1. 
--MNI Washington Bureau; +86 (10) 8532-5998; email: ryan.hauser@marketnews.com
[TOPICS: MTABLE]

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