Economic Reports Economic Forecasting

NEW YORK, Oct 18- The U.S. economy is on track to grow at a 2.7 percent annualized pace in the third quarter, even as data showed home construction fell to a one-year low in September, the Atlanta Federal Reserve's GDPNow forecast model showed on Wednesday.

LONDON, Oct 18- British pay growth has lagged behind inflation again, official data showed, but the figures are likely to cement expectations among investors that the Bank of England will soon raise interest rates for the first time in a decade. Despite a slowdown in Britain's economy this year, the central bank is widely expected to increase its Bank Rate to 0.50...

*Industrial production rises 0.3 percent in September. WASHINGTON, Oct 17- U.S. industrial production rebounded modestly in September as the lingering effects of Hurricanes Harvey and Irma hobbled activity at factories, but the outlook for the industrial sector remains bullish amid a strengthening global economy and weakening dollar.

JERUSALEM, Oct 17- Israel's economy grew at an annualised 2.4 percent in the second quarter, triple the rate in the prior three months but still below expectations of even stronger growth in 2017.. A month ago, the Central Bureau of Statistics revised the growth rate to 2.4 percent and left it unchanged in a third estimate on Tuesday. Israel's economy is forecast to...

SYDNEY, Oct 17- London copper slipped from three-year highs on Tuesday as a stronger dollar encouraged profit-taking, but renewed optimism over China's economic outlook supported prices. Metals prices could find more support if China's National Party Congress this week unveils polices that extend the country's industry reform to protect the environment,...

SYDNEY, Oct 17- London copper paused for breath near three-year highs on Tuesday as it faced headwinds from a stronger dollar, but renewed optimism over China's economic outlook has lent support to prices. Metals prices could find more support if China's National Party Congress this week unveils polices that extend the country's environmental-led industry...

SYDNEY, Oct 17- London copper paused for breath near three-year highs on Tuesday as it faced headwinds from a stronger dollar, but renewed optimism over China's economic outlook has lent support to prices. *LME COPPER: London Metal Exchange copper was little changed at $7,128 a tonne by 0125 GMT, following its biggest daily jump in eight months at 3.7 percent on...

LONDON, Oct 16- Emerging stocks sailed to a fresh 6- year high on Monday but currencies cooled off after their recent rally as investors re-assessed the outlook for growth and inflation in China. Underpinned by China, commodity prices climbed, with copper charging through the $7,000 mark for the first time in three years, while steel-making inputs iron ore and...

SHANGHAI, Oct 16- China's major share indexes fell on Monday as a surprisingly strong central bank economic growth projection failed to spur buying while tech stocks slumped after disappointing profit forecasts. Many analysts expect stability in China's share market this week, when a key party congress opens. Chen Xiaopeng, Shenzhen- based strategist at...

*China cbank gov sees 7 pct growth in H2, stronger than expected. *China retail sales have been growing above 10 pct since March. While China produced forecast-beating growth of 6.9 percent in the first half, many economists and investors had expected momentum would start to fade later in the year.

BOSTON, Oct 16- The Federal Reserve will probably need to raise interest rates in December and then three of four times "over the course of next year," assuming the U.S. unemployment rate continues to fall and inflation rises, Boston Fed President Eric Rosengren said. Still, Rosengren's view lags the faster rate-hike path signaled by many monetary policy rules,...

*China cbank gov sees 7 pct growth in H2, stronger than expected. *China retail sales have been growing above 10 pct since March. SHANGHAI/ BEIJING, Oct 16- China's economy is expected to grow 7 percent in the second half of this year, the central bank governor said, accelerating from the first six months and defying widespread expectations for a slowdown.

WASHINGTON— Federal Reserve Chair Janet Yellen on Sunday sketched a bright outlook for the U.S. economy and for inflation prospects in coming months, saying the impact of the recent hurricanes will likely slow economic growth slightly but only temporarily and should be followed by a rebound by year's end. "Economic activity in the United States has been...

WASHINGTON, Oct 14- International Monetary Fund members gave lukewarm endorsement to a strengthening global economy but conceded they were not out of the woods as they grappled with subdued inflation, low potential growth and an uneven recovery that clouded the outlook. "Structural reforms that were difficult to do in hard times would be much easier in better...

WASHINGTON, Oct 14- Member countries of the International Monetary Fund on Saturday welcomed the global upswing in economic activity but warned that the recovery was not yet complete given low inflation and geopolitical risks. IMF Managing Director Christine Lagarde sought to offer a bright note, saying that it was "perfectly legitimate" to renew...

*Sees no big risks for Japan's economy ahead. WASHINGTON, Oct 13- Bank of Japan Governor Haruhiko Kuroda said on Friday he did not see any signs of bubbles or excesses building up in U.S., European and Japanese markets as a result of heavy money printing by their central banks. He added that Japan's economy was on track for a steady recovery that will likely gradually...