U.S. Economy, Bernanke, Thailand: Week Ahead Dec. 21-Jan. 4

U.S. personal spending probably accelerated while new home sales and durable goods orders are expected to climb, data in the coming week will show.

Federal Reserve Chairman Ben S. Bernanke will address an economic conference as he approaches the end of his eight-year tenure on Jan. 31.

Democrat Bill de Blasio will be inaugurated as the 109th mayor of New York city, the nation’s most populous city, on New Year’s Day.

China’s Purchasing Managers’ Index (CPMINDX), a monthly gauge of manufacturing, may decline and Latvia will become the 18th country to adopt the euro.

Thailand’s Democrat Party will discuss whether to participate in elections called for February or continue to align itself with demonstrators.

Secretary-General Ban Ki-Moon visits the Philippines as the United Nations distributes billions of dollars in aid after Typhoon Haiyan.


-President Barack Obama and his family will spend the holidays in Hawaii, where he was born, and return to Washington after New Year’s Day. The family was scheduled to leave Washington on Dec. 20.

-U.S. holiday travel will rise for a fifth straight year to a record, boosted by more automobile trips even as air travel declines, according to the American Automobile Association. About 94.5 million people will travel 50 miles or more from Dec. 21-Jan. 1.

-Arab oil ministers from the Organization of Arab Petroleum Exporting Countries, which includes some key OPEC nations, will hold their annual meeting in Doha. 09:00 (01:00 EST).

-Thailand’s Democrat Party will meet to discuss whether to participate in elections called for February or continue to align itself with demonstrators demanding that the country suspend electoral democracy and appoint a council of “good people” to erase the political influence of Prime Minister Yingluck Shinawatra’s family. 15:00 in Bangkok (03:00 EST).

To contact the reporters on this story: James Amott in London at jamott@bloomberg.net; Greg Miles in New York at gmiles1@bloomberg.net; Keat Kian Koh in Singapore at kkoh@bloomberg.net

To contact the editor responsible for this story: Nancy Moran at nmoran@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.