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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.             
Durable Goods Orders for April (percent change)                         
 Friday, May 25 at 8:30 a.m. ET                          Actual:        
               Median         Range                  Apr18  Mar18  Feb18
 New Orders    -1.2%      -2.5% to +1.7%                --  +2.6%  +4.5%
 Ex-Transport  +0.6%      +0.3% to +1.2%                --  -0.1%  +1.3%
     Comments: Durable goods orders are expected to fall 1.2% in April  
after a 2.6% gain in March. Boeing reported 78 orders in April, down    
sharply from 197 orders reported in March, so aircraft orders are likely
to pull back after solid gains in the previous two months. Orders       
excluding transportation are expected to rise 0.6%. Annual revisions    
released on May 17 will be included with the data.                      
University of Michigan Survey for May (final)                           
 Friday, May 25 at 10:00 a.m. ET                         Actual:        
                Median        Range                 May18f May18p  Apr18
 Consumer Sent  98.8       98.5 to 99.0                 --   98.8   98.8
     Comments: The Michigan Sentiment index is expected to be unrevised 
from the preliminary May reading, unchanged from the level in April.    
--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com
[TOPICS: M$U$$$]

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