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Repeats Story Initially Transmitted at 20:06 GMT Nov 7/15:06 EST Nov 7
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
Weekly Jobless Claims for November 4 week
Thursday, November 9 at 8:30 a.m. ET Actual:
Median Range Nov04 Oct28 Oct21
Weekly Claims 230k 229k to 235k -- 229k 234k
Comments: The level of initial jobless claims is expected to rise
by 1,000 to 230,000 in the November 4 week after a 5,000 decrease in the
previous week. The four-week moving average would fall by 3,500 in the
coming week as the 244,000 level in the October 7 week drops out of the
calculation, assuming the MNI forecast is correct and there are no
revisions. As the average was already at a 44-year low in the previous
week, another decline would be significant.
University of Michigan Survey for November (preliminary)
Friday, November 10 at 10:00 a.m. ET Actual:
Median Range Nov17p Oct17 Sep17
Consumer Sent 100.7 94.0 to 102.0 -- 100.7 95.1
Comments: The University of Michigan index is expected to hold
steady at 100.7 in early November after surging to that point in
--MNI Washington Bureau; +1 202-371-2121; email: email@example.com