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US Data: Highlights of MNI Survey of Economic Forecasts 

     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.                                                               
Domestic Motor Vehicle Sales for November (mln units, saar)             
 Friday, December 1                                      Actual:        
               Median         Range                  Nov17  Oct17  Sep17
 Dom Sales      13.5m     13.4m to 13.6m                --  13.8m  14.2m
     Comments: Domestic-made vehicle sales are expected to tick down to 
13.4 million annual rate in November after slowing to a 13.8 million    
annual rate in October. Seasonal adjustment factors are less            
accommodative in November than they were in October.                    
ISM Manufacturing Index for November                                    
 Friday, December 1 at 10:00 a.m. ET                     Actual:        
               Median         Range                   Nov17  Oct17 Sep17
 Mfg ISM         58.0      57.0 to 58.7                  --   58.7  60.8
     Comments: The ISM manufacturing index is expected to fall further  
to a reading of 58.0 in November after dipping to 58.7 in October.      
Regional conditions data have suggested growth slowed in the month.     
Construction Spending for October (percent change)                      
 Friday, December 1 at 10:00 a.m. ET                     Actual:        
               Median         Range                  Oct17  Sep17  Aug17
 Construction   +0.5%      +0.2% to +1.0%               --  +0.3%  +0.1%
     Comments: Construction spending is expected to rise by 0.5% in     
October. Housing starts surged by 13.7% in the month, suggesting private
residential building could rise sharply.                                
--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com
[TOPICS: M$U$$$]
USRegionNorth America
USRegionNorth America
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