US Data: Highlights of MNI Survey of Economic Forecasts

     WASHINGTON (MNI) - The following are highlights of market forecasts for

upcoming U.S. economic indicators. The comment section presents the key elements

behind the median forecasts. 

     Second Quarter GDP - final estimate 

 Thursday, September 26 at 8:30 a.m. ET                   Actual:        

              Median                             Q219f   Q219p   Q119f

 GDP           +2.0%                             --     +2.0%    +3.1%

 Price Index   +2.4%                             --     +2.4%    +1.1%

          Comments: Second quarter GDP is anticipated to remain unrevised at

2.0% with the price index at 2.4%. 

Advance Goods Trade Gap (billions) 

 Thursday, September 26 at 8:30 a.m. ET                   Actual:        

              Median                              Aug19  Jul19  Jun19

Gap           -$73.4b                             --   -$72.3b -$75.1b

          Comments: The August advance trade deficit for goods is projected 

to widen to -$73.4 billion in August from a July reading of -$72.3 

billion. 

Wholesale Inventories (index) 

 Thursday, August 26 at 8:30 a.m. ET                   Actual:        

              Median                             Aug19  Jul19  Jun19

 Index         0.2%                               --     0.2%   Flat

          Comments: Wholesale inventories for August are expected to rise by

another 0.2%.

Durable Goods New Orders 

 Friday, September 27 at 8:30 a.m. ET                   Actual:        

              Median                             Aug19  Jul19  Jun19

 Index        -1.2%                                --   +2.0% +1.8%

 ex-trans:    +0.3%                                --   -0.4% +0.8%

     Comments: Durable goods new orders are expected to decrease by 1.2% 

after strong increases seen in both July and June. Excluding transport, 

however, the durable orders are slated to accelerate by 0.3%. 

Personal Income PCE Index

 Friday, September 27 at 8:30 a.m. ET                   Actual:        

                   Median                           Aug19  Jul19 Jun19

Pers Income         +0.4%                            --    +0.1% +0.1%

Curr Dollar:        +0.3%                            --    +0.6% +0.3%

Total PCE:          +0.1%                            --    +0.2% +0.1%

Core PCE:           +0.2%                            --    +0.2% +0.2%

     Comments:  Personal Income is anticipated to accelerate to a 0.4% rise in

August.

--MNI Washington Bureau; +1 202 371 2121; email: alexandra.kelley@marketnews.com

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