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Repeats Story Initially Transmitted at 21:06 GMT Aug 6/17:06 EST Aug 6
                                                                             
     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.         
Consumer Credit for June (dollar change, billions)                   
 Tuesday, August 7 at 3:00 p.m. ET                       Actual:        
              Median        Range                  Jun18   May18   Apr18
 Cons Cred   +$15.4b  +$12.0b to +$18.0b              -- +$24.6b +$10.3b
          Comments: The level of consumer credit is expected to rise by $15.4 
billion in June after a $24.6 billion gain in May, as June retail sales 
rose by 0.5% and were up 0.4% excluding a 0.9% increase in motor vehicle 
sales, smaller than in the previous month. 
     
Weekly Jobless Claims for August 4 week                               
 Thursday, August 9 at 8:30 a.m. ET                      Actual:        
               Median         Range                  Aug04  Jul28  Jul21
 Weekly Claims   220k     216k to 220k                  --   218k   217k
          Comments: The level of initial jobless claims is expected to hold 
steady at 220,000 in the August 4, keeping claims in a fairly tight 
range that has slowly trended lower over the last month. The four-week 
moving average would rise by only 1,250 in the coming week as the 
215,000 level in the July 7 week rolls out of the calculation, assuming 
the MNI forecast is correct and there are no revisions. 
     Producer Price Index for July (percent change)
 Thursday, August 9 at 8:30 a.m. ET                      Actual:        
                 Median         Range                Jul18  Jun18  May18
 Final Demand     +0.2%    +0.1% to +0.3%               --  +0.3%  +0.5% 
 Ex Food,Energy   +0.2%    +0.2% to +0.3%               --  +0.3%  +0.3%
          Comments: Final demand PPI is expected to rise by 0.2% in July 
after larger gains in the previous two months. Energy prices are 
expected to slow following a 0.8% June increase and a 4.6% surge in May, 
while food prices are expected to rebound after a 1.1% decline. 
Excluding food and energy prices, PPI is forecast to rise 0.2% after 
0.3% gains in the previous two months. 
     Consumer Price Index for July (percent change)                       
 Friday, August 10 at 8:30 a.m. ET                       Actual:        
              Median         Range                   Jul18  Jun18  May18
 CPI           +0.2%    +0.1% to +0.2%                  --  +0.1%  +0.2% 
 CPI Core      +0.2%    +0.2% to +0.3%                  --  +0.2%  +0.2%
          Comments: The CPI is expected to rise by 0.2% in July after a 0.1% 
gain in June. The year/year rates should rise further due to a soft 
reading a year ago. AAA reported a modest decline in mid-month prices 
from June, which could soften seasonally adjusted CPI gasoline prices. 
The core CPI is also forecast to rise 0.2% following an as-expected 0.2% 
increase in June. 
     Treasury Statement for July ($ billions)                           
 Friday, August 10 at 2:00 p.m ET                        Actual:        
             Median           Range              Jul18    Jun18    Jul17
 Balance    -$76.7b    -$76.0b to -$77.3b           --  -$74.9b  -$42.9b
          Comments: The US Treasury is expected to post a $76.7 billion 
budget gap for July, much larger than the $42.9 billion gap in July 
2017. The impact of the tax cuts should continue to be seen in the data 
in the form of lower receipts that are fueling wider deficits.
                                                 
--MNI Washington Bureau; +1 (973) 494-2611; email: harrison.clarke@marketnews.com
[TOPICS: MTABLE]