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Repeats Story Initially Transmitted at 21:06 GMT Sep 14/17:06 EST Sep 14
     WASHINGTON (MNI) - The following are highlights of forecasts for   
upcoming U.S. economic indicators provided by participants in the MNI   
weekly survey. The comment section presents the key elements behind the 
median forecasts.      
Empire State Index for September (diffusion index)                       
 Friday, September 15 at 8:30 a.m. ET                    Actual:         
                 Median        Range                 Sep17  Aug17  Jul17 
 Empire Index     19.0      10.5 to 20.0                --   25.2    9.8 
     Comments: The Empire State index is expected to fall back to a      
still-strong reading of 19.0 in September after surging to 25.2 in       
August.                                                                  
Retail and Food Sales for August (percent change)                        
 Friday, September 15 at 8:30 a.m. ET                    Actual:         
               Median       Range                    Aug17  Jul17  Jun17 
 Retail Sales   +0.1%    -0.3% to +0.7%                 --  +0.6%  +0.3% 
 Ex-Mtr Veh     +0.5%    +0.3% to +0.9%                 --  +0.5%  +0.1% 
     Comments: Retail sales are forecast to rise 0.1% in August after a  
surprise 0.6% increase in July, as auto sales were soft in part due to   
the hurricane-affected areas. The impact of Hurricane Harvey at the end  
of the month should be seen in several retail categories, but the real   
impact will likely be seen with September data. AAA reported that        
gasoline prices rose in mid-August from one month earlier after declines 
in recent months, which should offer some support to the ex-motor        
vehicles number, which is seen rising 0.5%.                              
Industrial Production for August (percent change)                        
 Friday, September 15 at 9:15 a.m. ET                     Actual:        
              Median         Range                   Aug17  Jul17  Jun17 
 Ind Prod      +0.1%     -1.3% to +0.5%                 --  +0.2%  +0.4% 
 Cap Util      76.8%     75.6% to 77.0%                 --  76.7%  76.7% 
     Comments: Industrial production is expected to rise 0.1% in August  
after a 0.2% gain in the previous month. Factory payrolls rose by 36,000 
in August, while auto production jobs rose by 14,000 and the factory     
workweek declined to 40.7 hours from 40.9 hours in July. The ISM         
production index rose to 61.0 in August from 60.6 in the previous month. 
Utilities production is expected to softer in the month after a 1.6%     
July gain, as cooler weather reduced electricity use, while mining       
production is forecast to weaken after rising in the previous four       
months. Capacity utilization is forecast to rise to 76.8% from 76.7% in  
July.                                                                    
Business Inventories for July (percent change)                           
 Friday, September 15 at 10:00 a.m. ET                     Actual:       
              Median           Range                 Jul17  Jun17  May17 
 Inventories   +0.2%      +0.2% to +0.3%                --  +0.5%  +0.3% 
     Comments: Business inventories are expected to rise 0.2% in July,   
in line with an MNI calculation. Factory inventories were already   
reported as up 0.2% in the month, while wholesale inventories rose 0.6%  
and the advance report pointed to a 0.2% decline for retail inventories. 
Taken together, an MNI calculation looks for a 0.2% increase for         
business inventories. As for sales, factory shipments were up 0.3% and   
wholesale sales fell 0.1%, while retail trade sales rose 0.6% in the     
advance retail sales report. An MNI calculation looks for a 0.3% gain in 
business sales, barring a large revision to the retail trade sales       
number.                                                                  
University of Michigan Survey for September (preliminary)                
 Friday, September 15 at 10:00 a.m. ET                    Actual:        
                Median        Range                 Sep17p  Aug17  Jul17 
 Consumer Sent    96.0     92.7 to 98.5                 --   96.8   93.4 
     Comments: The University of Michigan Sentiment index is expected to 
fall to 96.0 in early September from 96.8 in August, with the impact of  
Hurricane Harvey seen in the data.                                       
--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com

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