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US Data: Highlights of MNI Survey of Economic Forecasts 

Repeats Story Initially Transmitted at 21:06 GMT Aug 28/17:06 EST Aug 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. 
     GDP for Second Quarter (second estimate)
 Thursday, August 29 at 8:30 a.m. ET                     Actual:        
               Median        Range                   2Q19s  2Q19a   1Q19
 GDP            +2.0%    +1.8% to +2.1%                --  +2.1%   +3.1% 
          Comments: Second quarter GDP is expected to be revised down to a 
2.0% rate from the 2.1% gain in the advance estimate. 
     Personal Income for July (percent change)                          
 Friday, August 30 at 8:30 a.m. ET                     Actual:     
              Median          Range                  Jul19  Jun19  May19
 Income        +0.3%     +0.1% to +0.5%                --   +0.4%  +0.4% 
 Total         +0.2%     +0.2% to +0.3%                --   +0.3%  +0.5%
 Core Prices   +0.2%     +0.2% to +0.3%                --   +0.2%  +0.2%
          Comments: Personal income is expected to post a 0.3% increase in 
July. The relative steadiness may be attributed to a strong labor market 
and relatively high consumer activity despite recession fears. 
--MNI Washington Bureau; +1 202 371 2121; email: alexandra.kelley@marketnews.com
[TOPICS: MTABLE]
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