US Data: Highlights of Market Survey of Economic Forecasts

Repeats Story Initially Transmitted at 21:07 GMT Jun 16/17:07 EST Jun 16

     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.

Housing Starts & Building Permits (millions)                   

 Wednesday, June 17 at 8:30am (ET)                          

                                                        Actual

                         Median                  May20   Apr20   Mar20        

Starts                   1.100m                     --  0.891m  1.216m  

Permits                  1.250m                     --  1.066m  1.350m  

     Comments: May housing starts are expected to climb to 1.100 million after

reaching 0.891 million in April, their lowest level since since February 2015

(0.888 million). Building permits are also expected to increase, climbing to

1.250 million after reaching 1.066 million in April in what was the lowest level

since March 2015 (1.071 million).

Initial Jobless Claims (millions)

 Thursday, June 18 at 8:30am (ET)                     

                                                         Actual

                   Median                         Jun13   Jun06   May30         

Claims             1.290m                            --  1.542m  1.897m  

     Comments: U.S. weekly jobless claims filed through June 13 should fall to

1.290 million Thursday after reaching 1.542 million through June 6. State

reopenings have been gradual and continue to put significant pressure on the

labor market, keeping initial and continuing claims at historic highs. 

Philadelphia Fed Manufacturing Index (index)

 Thursday, June 18 at 8:30am (ET)                

                                                          Actual        

               Median                               Jun20  May20  Apr20    

Index              --                                  --  -43.1  -56.6       

     Comments: No BBG estimate is available at this time.

Current Account Balance (billions) 

 Friday, June 19 at 8:30am (ET)                          

                                                          Actual        

                       Median                     1Q20      4Q19      3Q19   

Balance              -$103.0b                       --  -$109.8b  -$124.1b

Comments: The current account balance for the first quarter of 2020 is expected

to rise to -$103.0 billion, up from the fourth quarter's reading of -$109.8

billion. The BEA reported that 4Q2019's balance was 2.0% of the current dollar

GDP.

[TOPICS: MTABLE]