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     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.                                                               
                                                                                
                                                                                
                 
Empire State Index for December (diffusion index)                       
 Friday, December 15 at 8:30 a.m. ET                     Actual:        
                 Median        Range                 Dec17  Nov17  Oct17
 Empire Index      17.5    14.7 to 20.0                 --   19.4   30.2
                                                                        
     Comments: The Empire State index is expected to fall to a reading  
of 17.5 in December from 19.4 in November.                              
                                                                        
Industrial Production for November (percent change)                     
 Friday, December 15 at 9:15 a.m. ET                     Actual:        
              Median          Range                  Nov17  Oct17  Sep17
 Ind Prod      +0.3%       Flat to +0.8%                --  +0.9%  +0.4%
 Cap Util      77.2%      77.1% to 77.5%                --  77.0%  76.4%
                                                                        
     Comments: Industrial production is expected to rise 0.3% in        
November after a 0.9% surge in the previous month. Factory payrolls rose
by 31,000 in November, while auto production jobs were up 2,000 and the 
factory workweek held steady at 40.9 hours. The ISM production index    
rose to 63.9 in the current month from 61.0 in the previous month.      
Utilities production is expected to decline in the month after a 2.0%   
October gain, as the weather was warmer than normal, while mining       
production is forecast to rebound after posting a 1.3% decline due to   
increase oil and gas extraction. Capacity utilization is forecast to    
rise to 77.2% from 77.0% in October.                                    
                                                          
--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com
[TOPICS: M$U$$$]