Business Week Index
THE WEEK AHEAD
EMPLOYMENT COST INDEX
Tuesday, July 30, 8:30 a.m.EDT -- Wage and benefit costs are expected to have
risen 0.8% in the second quarter, according to economists surveyed by MMS
International, one of The McGraw-Hill Companies. The index rose 0.7% in the
SINGLE-FAMILY HOME SALES
Tuesday, July 30, 10 a.m.EDT -- June sales of new houses are projected to dip
to an annual rate of 780,000, from 828,000 in May.
Tuesday, July 30, 10 a.m.EDT -- Economists look for the Conference Board's July
index to rise to 98.6, up from 97.6 in June.
GROSS DOMESTIC PRODUCT
Thursday, Aug. 1, 8:30 a.m.EDT -- Real GDP is expected to have grown at a 4%
annual rate in the second quarter, up from 2.2% in the first quarter.
PURCHASING MANAGERS' INDEX
Thursday, Aug. 1, 10 a.m.EDT -- The nation's purchasing managers will report a
rise in their July index of industrial activity, to 55%, up from 54.3% in June,
the economists forecast.
Thursday, Aug. 1, 10 a.m.EDT -- June construction outlays are expected to show
a 0.5% gain, following a 0.9% drop in May.
Friday, Aug. 2, 8:30 a.m.EDT -- Nonfarm payrolls in July are projected to have
increased by 200,000, after June's 239,000 gain. The jobless rate is expected
to have edged up to 5.4%., from 5.3%.
Friday, Aug. 2, 8:30 a.m.EDT -- Personal income in June probably jumped 0.9%,
reflecting the month's surges in hourly earnings and the workweek.
Friday, Aug. 2, 10 a.m.EDT -- Manufacturers' inventories were nearly flat in
June, after a 0.2% dip in May.