Business Week Index: The Week Ahead

CONSUMER CONFIDENCE
      Tuesday, Feb. 28, 10 a.m. - The Conference Board's index of consumer confidence 
      probably fell to 101 in February from 102.1 in January. That's the median 
      forecast of economists surveyed by MMS International, a division of McGraw-Hill 
      Inc.
      
      GROSS DOMESTIC PRODUCT
      Wednesday, Mar. 1, 8:30 a.m. - The MMS survey projects that the Commerce 
      Dept.'s first revisions to the fourth-quarter economy will show no change in 
      the annual rate of growth for real GDP, already reported as 4.5%. However, the 
      mix will change: A smaller trade gap likely offset slower inventory 
      accumulation at yearend.
      
      CONSTRUCTION SPENDING
      Wednesday, Mar. 1, 10 a.m. - Outlays for building projects likely fell 0.2% in 
      January, after a steep 1.1% jump in December.
      
      NAPM SURVEY
      Wednesday, Mar. 1, 10 a.m. - The National Association of Purchasing 
      Management's index probably slipped slightly in February to 57% from 57.9% in 
      January.
      
      PERSONAL INCOME
      Thursday, Mar. 2, 8:30 a.m. - Personal income probably increased 0.8% in 
      January, the same solid advance posted in December. Consumer spending likely 
      rose 0.3%, also the same gain as in December. That means the softer pace for 
      buying evident at yearend carried into 1995.
      
      NEW HOME SALES
      Thursday, Mar. 2, 10 a.m. - Homes probably sold at an annual rate of 624,000 in 
      January, down from 637,000 in December.
      
      LEADING INDICATORS
      Friday, Mar. 3, 8:30 a.m. - The government's composite index of leading 
      indicators likely fell 0.1% in January.
      
      FACTORY INVENTORIES
      Friday, Mar. 3, 10 a.m. - Factory inventories likely rose by 0.3% in January, 
      the same increase as in December.
      
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