CONSUMER CONFIDENCE
      Tuesday, May 30, 10 a.m.  --  The Conference Board's May confidence index fell 
      to 103 from April's 105.5. That's the median forecast of economists polled by 
      MMS International, one of the McGraw-Hill Cos.
      
      GROSS DOMESTIC PRODUCT
      Wednesday, May 31, 8:30 a.m.  --  The Commerce Dept. is expected torevise 
      first-quarter GDP growth to an annualrate of 3%, from the 2.8% pace 
      firstreported.
      
      NEW HOME SALES
      Wednesday, May 31, 10 a.m.  --  New homes likely sold at an annualrate of 
      587,000 in April, up from 577,000 in March. A drop in mortgagerates is spurring 
      home buying.
      
      PERSONAL INCOME
      Thursday, June 1, 8:30 a.m.  --  The MMS survey forecasts that personal 
      incomerose 0.3% in April, half the 0.6% gain of March. Consumer spending 
      likelyrose 0.2% in April, after a 0.5%rise.
      
      NAPM SURVEY
      Thursday, June 1, 10 a.m.  --  The business index of the National Association 
      of Purchasing Management probably fell to 50.5% in May, from 52% in April. The 
      expectedreading is near the 50% mark, at which point industry is treading water.
      
      EMPLOYMENT
      Friday, June 2, 8:30 a.m.  --  The MMS median forecast expects that nonfarm 
      payrolls added 163,000 workers in May,rebounding from the 9,000 drop in jobs in 
      April. The unemploymentrate probably slipped to 5.7% in May, from 5.8% in April.
      
      LEADING INDICATORS
      Friday, June 2, 8:30 a.m.  --  The composite index of leading indicators 
      probably fell 0.3% in April, the third consecutive decline.
      
      CONSTRUCTION SPENDING
      Friday, June 2, 8:30 a.m.  --  Construction spending was likely unchanged in 
      April, after falling 0.4% in March.
      
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