U.S. ECO PREVIEW: U Mich Sentiment, LEI Due in 5 Minutes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
- LEI 0.5% m/m; range 0.2% to 0.8% (36 estimates)
- "1Q GDP has been plagued by recurring weakness in recent years, so analysts may be inclined to dismiss a weak start to the year if the prevailing evidence points to an underlying trend improvement": Bloomberg Intelligence
- LEI has been on the rise since September
- U. Mich Conf 97; range 95 to 100 (59 estimates)
- U. Mich Curr 111; range 110.5 to 111.5 (3 estimates)
- U. Mich Exp 87.1; range 85.5 to 88 (3 estimates)
- "Consumer sentiment appears to have begun to plateau following a sharp increase in the aftermath of the election": Bloomberg Intelligence
- In February, the index retreated from January’s 13-year high
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283