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Free AccessUS 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.
Weekly Jobless Claims for February 17 week
Thursday, February 22 at 8:30 a.m. ET Actual:
Median Range Feb17 Feb10 Feb03
Weekly Claims 230k 225k to 233k -- 230k 223k
Comments: The level of initial jobless claims is expected to remain
at 230,000 in the February 17 employment survey week after a rebound of
7,000 in the previous week. Claims were at a level of 216,000 in the
January 13 survey week, a decades-low level. The four-week moving
average would fall by only 250 in the coming week, as the 231,000 level
in the January 20 week drops out of the calculation, assuming the MNI
forecast is correct and there are no revisions.
Leading Indicators for January (percent change)
Thursday, February 22 at 10:00 a.m. ET Actual:
Median Range Jan18 Dec17 Nov17
Leading Index +0.6% +0.4% to +0.7% -- +0.6% +0.5%
Comments: The index of leading indicators is forecast to rise by
0.6% in January, maintaining the string of solid gains. Positive
contributions are expected from a strong jump in building permits,
higher stock prices, falling jobless claims and rising consumer
expectations.
--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com
[TOPICS: M$U$$$]
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.