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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]

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