US Data: Highlights of MNI Survey of Economic Forecasts

Repeats Story Initially Transmitted at 21:06 GMT Aug 29/17:06 EST Aug 29

 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 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]