The Week Ahead

PERSONAL INCOME
      Monday, Oct. 31, 8:30 a.m.      Personal income probably increased by 0.6% in 
      September, according to the median forecast of economists surveyed by MMS 
      International, a unit of McGraw-Hill Inc. The solid gain is suggested by rising 
      weekly pay and jobs for the month. Income rose 0.4% in August. Healthy retail 
      sales suggest that consumer spending likely advanced by 0.4% in September, 
      after jumping 0.9% in August.
      CONSTRUCTION SPENDING
      Tuesday, Nov. 1, 8:30 a.m.     The MMS economists expect that outlays for 
      construction projects likely rebounded by 0.5% in September, helped by higher 
      housing starts. Spending was flat in July and fell 0.2% in August.
      NAPM SURVEY
      Tuesday, Nov. 1, 10 a.m.       The National Association of Purchasing 
      Management's business index was probably little changed in October, at 58.5%, 
      from September's 58.2%.
      Wednesday, Nov. 2, 8:30 a.m.   The index of leading indicators likely edged up 
      0.1% in September. The index rose 0.6% in August.
      FACTORY INVENTORIES
      Wednesday, Nov. 2, 10 a.m.     Manufacturers' inventories were probably flat in 
      September, after rising just 0.1% in August. That's suggested by the weakness 
      in factory output in September.
      NEW HOME SALES
      Thursday, Nov. 3, 10 a.m.      New single-family homes likely sold at an annual 
      rate of 675,000 in September, up from August's 703,000 pace.
      EMPLOYMENT
      Friday, Nov. 4, 8:30 a.m.      The MMS survey forecasts that nonfarm payrolls 
      rose by 240,000 in October, about the same sturdy gain as in September. The 
      jobless rate likely stayed at September's low 5.9%, a rate considered close to 
      full employment.
      
Before it's here, it's on the Bloomberg Terminal.
LEARN MORE