Free Trial

US Data: Highlights of Market Survey of Economic Forecasts

     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.
Housing Starts & Building Permits (millions)                   
 Wednesday, February 19 at 8:30 a.m. ET                        Actual:
                         Median:                        Jan20   Dec19   Nov19   
Starts                   1.420m                            --  1.608m  1.365m   
Permits                  1.450m                            --  1.416m  1.482m   
     Comments: Housing Starts & Building Permits are expected to remain
relatively steady at 1.420m and 1.450m, respectively.
     Producer Price Index for January (percent change) 
 Wednesday, February 19 at 8:30 a.m. ET                       Actual:
                  Median:                               Jan20  Dec19  Nov19  
PPI                +0.1%                                   --  +0.1%   flat  
Core PPI           +0.1%                                   --  +0.1%   0.2%  
Core PPI ex trade  +0.1%                                   --  +0.1%   flat  
     Comments: PPI, core PPI and core PPI excluding trade are each expected to
increase by +0.1%, the same rate of increase as in December.
     Initial Jobless Claims (thousands)
 Thursday, February 20 at 8:30 a.m. EST                        
                                                         Actual:
                   Median:                         Feb15  Feb08  Feb01       
Claims:              210k                             --   205k   202k     
Comments: Jobless claims for the week ending February 15 are expected to come in
at 210,000, close to the four-week moving average identified by the Department
of Labor in its most recent jobless claims report.
     Philadelphia Fed Manufacturing Index (index)
 Thursday, February 20 at 8:30 a.m. ET                        Actual:        
               Median:                                Feb20  Jan20  Dec19  
Index            11.0                                    --   17.0    2.4   
     Comments: The Philadelphia Fed Manufacturing Index is expected to fall to
11.0 in February, down from an eight-month high in January of 17.0. 
January Conference Board Leading Economic Index(percent change)
 Thursday, February 20 at 10:00 a.m. ET                       Actual:        
                          Median:                       Jan20  Dec19  Nov19 
Indicators                 +0.4%                           --  -0.3%   flat    
     Comments: The Leading Economic Index is expected to climb +0.4% after
dropping -0.3% in December.
January Existing Home Sales (millions)
 Friday, February 21 at 10:00 a.m. ET                      
                                                             Actual:        
                      Median:                          Feb20 Jan20  Dec19   
Existing Home Sales    5.45m                             --   5.54   5.35 
     Comments: January existing home sales are anticipated to fall slightly to
5.45m, down from 5.54m in January. 
--MNI Washington Bureau; +1 202 371 2121; email: ryan.hauser@marketnews.com
[TOPICS: MTABLE,MAUDS$,M$U$$$]

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.