Business Week Index
THE WEEK AHEAD
Monday, Mar. 4, 8:30 a.m.EST -- Personal income was likely up 0.1% in December
and flat in January, according to the median forecast of MMS International, one
of The McGraw-Hill Companies. Spending probably rose 0.6% in December and fell
0.2% in January. In November, income rose 0.2% and spending gained 0.9%.
Tuesday, Mar. 5, 8:30 a.m.EST -- Manufacturing inventories likely increased by
0.3% in January, on top of a 0.1% gain in December. Factory orders probably
fell back in January, after rising an unexpectedly large 1.3% in December.
PRODUCTIVITY AND COSTS
Wednesday, Mar. 6, 10 a.m.EST -- Nonfarm output per hour worked likely fell at
a 0.5% annual rate last quarter, after rising 1.4% in the third. Unit labor
costs probably rose at a 2% pace, on top of a 2.4% increase.
NEW HOME SALES
Wednesday, Mar. 6, 10 a.m.EST -- New homes likely sold at an annual rate of
650,000 in December and 600,000 in January. November sales totaled 649,000.
Wednesday, Mar. 6 -- The Federal Reserve will release its roundup of business
activity, as reported by its 12 district banks.
Thursday, Mar. 7, 3 p.m.EST -- Consumers probably added about $6 billion in
January. In December, credit rose $7.9 billion.
Friday, Mar. 8, 8:30 a.m.EST -- Nonfarm payrolls probably rebounded by about
300,000 workers in February, after the blizzard helped to pare 201,000 jobs in
January. The unemployment rate probably slipped back to 5.6%, from 5.8% in
Friday, Mar. 8, 10 a.m.EST -- Construction spending likely fell 0.5% in
January, after rising 0.9% in December.