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US Data: Highlights of MNI Survey of Economic Forecasts

WASHINGTON (MNI) - The following are highlights of market expectations 
for upcoming U.S. economic indicators. 
     Consumer Credit (billions)
 Monday, September 9 at 3:00 p.m. ET                       Actual:        
                 Median                               Jul19 Jun19  May19
 Cons Credit     +$16.0                                --  +$14.6 +$17.1 
          Comments: Amid strong consumer spending and sentiment, consumer 
credit is poised to rise at a faster pace of $16.0 billion in July, 
compared to $14.6 billion in June.  
          Producer Price Index
 Wednesday September 11 at 8:00 a.m. ET                    Actual:        
                 Median                               Aug19 Jul19  Jun19
PPI             +0.1%                                  --   +0.2%  +0.1%
Core PPI        +0.2%                                  --   -0.1%  +0.3%
Core ex Trade   +0.2%                                  --   -0.1%   Flat
          Comments: Headline PPI is slated to decelerate to 0.1% after rising 
0.2% in July. This is likely a result of the continued slowdown in the 
manufacturing industries. Core PPI and Core PPI excluding gasoline are 
projected to rebound and rise at a 0.2% rate. 
          Jobless Claims (thousands)
 Thursday, September 5 at 10:00 a.m. ET                     Actual:        
                 Median                               Sep7  Aug31  Aug24    
 Claims          215k                                  --   217k    215k
          Comments: Jobless claims are expected to fall slightly to 215k.
Continued low levels of claims suggest solid employment growth will 
continue.
          Consumer Price Index (percent change)
 Thursday, September 12 at 8:30 a.m. ET                    Actual:        
                         Median                       Aug19 Jul19  Jun19 
CPI                      +0.1%                          --  +0.1%  +0.3% 
Core CPI                 +0.2%                          --  +0.3%  +0.3%
          Comments: Headline CPI is likely to continue rising at the 
unchanged rate of +0.1%. Core CPI is expected to cool off slightly and 
slow from +0.3% to +0.2%.  
          Retail Sales (percent change)
Friday, September 13 at 8:30 a.m. ET                       Actual:        
                            Median                    Aug19 Jul19  Jun19
Retail Sales                 +0.2%                     --   +0.7%  +0.3% 
ex. motor vehicle            +0.1%                     --   +1.0%  +0.3% 
ex. motor vehicle, gas       +0.3%                     --   +0.9%  +0.6%
          Comments: Recording general declines since April, retail sales are 
expected to slow further to an estimated 0.2% in August from 0.7% in 
July. Excluding motor vehicles, sales could slow to 0.1% from 
1% in July. Excluding motor vehicles and gas, sales are expected to fall 
to 0.3% from 0.9%. 
          Treasury Balance (billions)
 Thursday, September 12 at 2:00 p.m. ET                    Actual:        
                         Median                     Aug19  Jul19   Jun19 
Balance                -$161.0b                      --  -$119.7b -$8.5b
          Comments: The Treasury balance continues to widen, jumping to a 
high deficit of -$161 billion in August from -$119.7 billion, which 
would be the largest deficit since April 2019.
          Import Prices (percent change)
 Friday, September 13 at 8:30 a.m. ET                     Actual:        
                            Median                Aug19   Jul19    Jun19
Imports                       -0.4%                --     +0.2%    -0.9% 
          Comments: Import prices are expected to decline by 0.4% in August 
after rising +0.2% in July amid geopolitical tensions and tariff woes. 
          Business Inventories (percent change)
 Friday, September 13 at 9:30 a.m. ET                     Actual:        
               Median                                  Aug19 Jul19 Jun19 
Inventories     +0.3%                                   --    Flat -0.3%
          Comments: Business inventories are projected to rebound, growing 
+0.3% in August after a flat reading in July.
          Michigan Consumer Sentiment (index)                        
 Friday, September 13 at 10:00 a.m. ET                    Actual:    
                Median                              Sep19p Aug19f Aug19p  
Percent          +90.5                                --    +98.4  +96.9
          Comments: Amid trade headwinds and recession fears, the Michigan 
Consumer Sentiment index is slated to fall to 90.5 from 98.4 in August. 
--MNI Washington Bureau; +1 202 371 2121; email: alexandra.kelley@marketnews.com
[TOPICS: MTABLE,M$U$$$]

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