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US Data: Highlights of MNI Survey of Economic Forecasts 

Repeats Story Initially Transmitted at 22:06 GMT Feb 28/17:06 EST Feb 28
     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.         
Personal Income for January (percent change)                          
 Friday, March 1 at 8:30 a.m. ET                         Actual:        
               Median         Range                  Jan19  Dec18  Nov18
 Income         +0.3%    +0.2% to +0.6%                 --     --  +0.2% 
 Spending (Dec) -0.1%    -0.6% to +0.3%                 --     --  +0.4%
 Core Prices(Dec) +0.2%  +0.1% to +0.2%                 --     --  +0.1%
     Comments: Personal income is expected to rise by 0.3% in January, 
reflecting a spike in employment, steady hours worked, and a small gain 
in hourly earnings. The backlogged December personal income is expected 
to rise by 0.2%. Only December PCE data will be reported due to a lack 
of Census data and it is expected to decline by 0.1% reflecting the 
retail sales plunge. Core prices are seen up 0.2%. 
ISM Manufacturing Index for February                                       
 Friday, March 1 at 10:00 a.m. ET                        Actual:
               Median         Range                  Feb19  Jan19  Dec18
 Mfg ISM         55.5     53.0 to 57.5                  --   56.6   54.3
     Comments: The ISM manufacturing index is expected to fall back to a 
reading of 55.5 in February after sharp movements in the previous two 
months. Regional conditions data have suggested a mixed picture. 
Domestic Motor Vehicle Sales for February (mln units, saar)                  
 Friday, March 1                                         Actual:        
               Median         Range                  Feb19  Jan19  Dec18
 Sales Ex GM,Ford                                       --   7.1m   7.6m
     Comments: The SAAR for domestic-made vehicle sales excluding GM and 
Ford is expected to rebound modestly in February after a dip in January. 
Seasonal factors will be a smaller addition to unadjusted claims than 
they were in the previous month, but the end of the government shutdown 
should allow furloughed government employees to make purchases that they 
delayed in January. 
University of Michigan Survey for February (final)          
 Friday, March 1 at 10:00 a.m. ET                        Actual:
                Median        Range                 Feb19f Feb19p  Jan19
 Consumer Sent    95.8    93.0 to 96.6                  --   95.5   91.2
     Comments: The Michigan Sentiment index is expected to rise to a 
reading of 95.8 in February from the 95.5 preliminary estimate. This 
would keep the index well above the 91.2 reading in January.
--MNI Washington Bureau; +1 (973) 494-2611; email: harrison.clarke@marketnews.com
[TOPICS: MTABLE]
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