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Free AccessUS Data: Highlights of MNI Survey of Economic Forecasts
Repeats Story Initially Transmitted at 21:06 GMT Aug 19/17:06 EST Aug 19
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.
Existing-home Sales for July (annual rate)
Wednesday, August 21 at 10:00 a.m. ET Actual:
Median Range Jul19 Jun19 May19
Home Resales 5.40m 5.30m-5.45m -- 5.27m 5.36m
Comments: The pace of existing home sales is expected to increase to a
5.40 million annual rate in July after ticking down to a 5.27 million
annual rate in June.
--
Weekly Jobless Claims for August 17 Week
Thursday, at August 22, at 8:30 a.m. ET
Actual:
Median Range Aug17 Aug10 Aug03
Initial Claims 216k 215k-217k -- 220k 211k
Comments: The level of initial jobless claims is expected to fall to
216,000 in the August 17 employment survey week after a rebound of
9,000 to 220,000 in the previous week.
--
Leading Indicators for July (percent change)
Thursday, August 22 at 10:00 a.m. ET Actual:
Median Range Jul19 Jun19 May19
Leading Index 0.2% 0.1% - 0.4% -- +0.3% Flat
Comments: The index of leading indicators is expected to rise by 0.2%
in July as compared to the 0.3% gain in June. Positive contributions are
expected from the ISM Manufacturing and S&P 500 Average, while negative
contributions are seen from Initial Claims.
New Home Sales for July
Friday, August 23 at 10:00 a.m. ET Actual:
Median Range Jul19 Jun19 May19
New Homes 650k 630k - 685k -- 646k 604k
Comments: The pace of new home sales is expected to jump to 650,000
after rebounding to a 646,000 annual rate in June. Unadjusted sales were
up modestly from a year ago in June.
--MNI Washington Bureau; +1 202 371 2121; email: alexandra.kelley@marketnews.com
[TOPICS: MTABLE]
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