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US Data: Highlights of Market Survey of Economic Forecasts

Repeats Story Initially Transmitted at 22:20 GMT Feb 13/17:20 EST Feb 13
     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.
     Retail Sales (percent change)
 Friday, February 14 at 8:30 a.m. ET                      Actual:               
                  Median:                           Jan20  Dec19  Nov19  
Retail Sales       +0.3%                               --  +0.3%  +0.2%  
Retail ex mv       +0.3%                               --  +0.7%  +0.1%  
Retail ex mv+gas   +0.3%                               --  +0.5%   flat  
     Comments: U.S. retail sales should rise 0.3% in December, the same rate of
increase as December. Excluding motor vehicle sales, retail sales are expected
to rise 0.3% after a 0.7% hike in December. in November. A surprisingly strong
January jobs report and a slight acceleration in wage gains and steady consumer
confidence should support another positive month for retailers.
     Import/Export Prices for January(percent change)
 Friday, February 14 at 8:30 a.m. ET                         Actual:
                    Median:                          Jan20  Dec19   Nov19    
Import Price Index   -0.2%                              --  +0.3%   +0.2%  
Export Price Index   -0.1%                              --  -0.2%   +0.2%  
Comments: The import price index is expected to decrease -0.2% while the export
price index is expected to fall by -0.1%.
     Industrial Production for January(percent change)
 Friday, February 14 at 9:15 a.m. ET                            
                                                              Actual:        
                          Median:                       Jan20  Dec19  Nov19  
Industrial Production      -0.2%                           --  -0.3%  +0.8%  
Capacity Utilization       76.8%                           --  77.0%  77.4%  
Comments: Industrial production for January is expected to decline for the
second straight month, dropping -0.2%, while capacity utilization remains nearly
flat at 76.8%.
     University of Michigan Survey for February(preliminary)
 Friday, February 14 at 10:00 a.m. ET                            Actual:
                          Median:                       Feb20(p)  Jan20  Dec19  
Consumer Sent               99.4                           --      96.8   99.3  
Comments: The Michigan Sentiment index is expected to reach 99.4, a +2.6 point
increase from January's 96.8 reading.
     Business Inventories for December(percent change)
 Friday, February 14 at 10:00 a.m. ET                             Actual:
                 Median:                                  Dec19  Nov19  Oct19  
Inventories       +0.1%                                      --  -0.2%  +0.2%  
Comments: Business inventories for November are expected to increase by +0.1%.
--MNI Washington Bureau; +1 202 371 2121; email: ryan.hauser@marketnews.com
[TOPICS: MTABLE]

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