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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.
January Advanced Goods Trade Gap (billions) 
 Friday, February 28 at 8:30 a.m. ET                         Actual        
              Median                                  Jan20   Dec19   Nov19
Gap          -$68.5b                                     --  -$68.3b -$63.0b
     Comments: The advanced goods trade deficit is supposed to expand slightly
to -$68.5b.                                     
January Personal Income(percent change)
 Friday, February 28 at 08:30 a.m. ET               
                                                             Actual        
                          Median                        Jan20 Dec19  Nov19  
Personal income            +0.4%                           -- +0.2%  +0.5%  
Price index                +0.2%                           -- +0.3%  +0.2%  
Core PCE price index       +0.2%                           -- +0.2%  +0.1%  
     Comments: Personal income in January is expected to grow at a +0.4% pace,
up from December's +0.2% rate. PCE headline inflation is expected to rise +0.2%,
a slight slowdown from December's +0.3% uptick. Core PCE inflation is expected
to match December's +0.2% uptick, taking the yoy rate to 1.7% from 1.6%.
February MNI Chicago PMI (index)
 Friday, February 28 at 8:30 a.m. EST                         
                                                          Actual
                    Median                           Feb20 Jan20  Dec19      
Index                 46.0                              --  42.9   48.9   
     Comments: The MNI Chicago PMI for February is expected to tick up to 46.0,
a gain of 3.1 points from January.  
University of Michigan Survey for February (final)
 Friday, February 28 at 10:00 a.m. ET                        
                                                                Actual
                          Median                       Feb20(f)  Jan20  Dec19  
Consumer Sentiment         100.7                          --      99.8   99.3  
Comments: The final University of Michigan consumer sentiment index is expected
to moderate to 100.7, down slightly from the preliminary reading of 100.9, but
up 0.9 points from January's 99.8 reading.
--MNI Washington Bureau; +1 202 371 2121; email: ryan.hauser@marketnews.com
[TOPICS: MTABLE,MAUDS$,M$U$$$]

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