Business Week Index
THE WEEK AHEAD
Tuesday, Nov. 29, 10 a.m. - The Conference Board's index of consumer
confidence in November probably was little changed from October's 87.6. That's
the median forecast of economists surveyed by MMS International, a unit of
GROSS DOMESTIC PRODUCT
Wednesday, Nov. 30, 8:30 a.m. - According to the MMS survey, the Commerce
Dept.'s firstrevision to the GDP data will show that the economy grew at an
annualrate of 3.5% in the third quarter, not much different than the 3.4%
initiallyreported. Inventory growth was less than first thought, but final
demand was higher. Aftertax corporate profits probably increased 6% in the
third quarter from a year ago.
Thursday, Dec. 1, 8:30 a.m. - Personal income likely grew by a large 0.9% in
October, after a 0.6% gain in September. That's suggested by the jump in weekly
pay and jobs last month. Consumer spending probably looked stronger in October,
with a 0.6% advance, after a 0.2%rise during September.
Thursday, Dec. 1, 10 a.m. - Construction outlays likelyrose 0.3% in October,
on top of a 1.6% jump in September.
Thursday, Dec. 1, 10 a.m. - The National Association of Purchasing
Management's business index probably fell to 59% in November from 59.7% in
Friday, Dec. 2, 8:30 a.m. - The October index of leading indicators probably
edged up just 0.1% after no change in September.
Friday, Dec. 2, 8:30 a.m. - The MMS economists forecast that nonfarm
payrollsrose by 225,000 in November afterrising 194,000 in October. The
November joblessrate likelyremained at a tight 5.8%.