US Data: Highlights of MNI Survey of Economic Forecasts

Repeats Story Initially Transmitted at 21:06 GMT Aug 16/17:06 EST Aug 16

     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.         

Leading Indicators for July (percent change)                            

 Friday, August 17 at 10:00 a.m. ET                      Actual:        

                 Median         Range                Jul18  Jun18  May18

 Leading Index    +0.4%    +0.4% to +0.5%               --  +0.5%   Unch

     Comments: The index of leading indicators is forecast to rise by   

0.4% in July. Positive contributions are expected from a dip in initial 

claims and higher stock prices, offset by a drop in consumer            

expectations and lower ISM new orders.                                  

University of Michigan Survey for August (preliminary)                  

 Friday, August 17 at 10:00 a.m. ET                        Actual:      

                Median        Range                 Aug18p  Jul18  Jun18

 Consumer Sent    98.4    97.0 to 99.0                  --   97.9   98.2

     Comments: The Michigan Sentiment index is expected to rebound to   

98.4 in early-August after dipping to 97.8 in July. The data suggest    

little concern at this point about the impacts of a trade war.          

--MNI Washington Bureau; +1 202-372-2121; email: shikha.dave@marketnews.com

[TOPICS: MTABLE]