Business Week Index
THE WEEK AHEAD
Monday, Oct. 31, 8:30 a.m. Personal income probably increased by 0.6% in
September, according to the median forecast of economists surveyed by MMS
International, a unit of McGraw-Hill Inc. The solid gain is suggested by rising
weekly pay and jobs for the month. Income rose 0.4% in August. Healthy retail
sales suggest that consumer spending likely advanced by 0.4% in September,
after jumping 0.9% in August.
Tuesday, Nov. 1, 8:30 a.m. The MMS economists expect that outlays for
construction projects likely rebounded by 0.5% in September, helped by higher
housing starts. Spending was flat in July and fell 0.2% in August.
Tuesday, Nov. 1, 10 a.m. The National Association of Purchasing
Management's business index was probably little changed in October, at 58.5%,
from September's 58.2%.
Wednesday, Nov. 2, 8:30 a.m. The index of leading indicators likely edged up
0.1% in September. The index rose 0.6% in August.
Wednesday, Nov. 2, 10 a.m. Manufacturers' inventories were probably flat in
September, after rising just 0.1% in August. That's suggested by the weakness
in factory output in September.
NEW HOME SALES
Thursday, Nov. 3, 10 a.m. New single-family homes likely sold at an annual
rate of 675,000 in September, up from August's 703,000 pace.
Friday, Nov. 4, 8:30 a.m. The MMS survey forecasts that nonfarm payrolls
rose by 240,000 in October, about the same sturdy gain as in September. The
jobless rate likely stayed at September's low 5.9%, a rate considered close to