The Week Ahead

NEW SINGLE-FAMILY HOME SALES
      Monday, Apr. 28, 10 a.m.EDT -- New homes probably sold at an annual rate of 
      793,000 in March, down from 811,000 in February, says the median forecast of 
      economists surveyed by MMS International, one of The McGraw-Hill Companies.
      
      DURABLE GOODS ORDERS
      Tuesday, Apr. 29, 8:30 a.m.EDT -- New durable goods orders were likely flat in 
      March, after jumping 1.5% in February.
      
      EMPLOYMENT COST INDEX
      Tuesday, Apr. 29, 8:30 a.m.EDT -- Wages and benefits for civilian employees 
      likely rose 0.9% in the first quarter after a 0.8% gain in the fourth quarter, 
      says the MMS survey. If so, labor costs would be up 3.1% from a year ago. A 
      gain larger than 0.9% will upset the financial markets.
      
      CONSUMER CONFIDENCE
      Tuesday, Apr. 29, 10 a.m.EDT -- The Conference Board's confidence index 
      probably dipped to 118 in April, from 118.5 in March.
      
      GROSS DOMESTIC PRODUCT
      Wednesday, Apr. 30, 8:30 a.m.EDT -- The MMS forecast expects that real GDP grew 
      at a 4% annual rate in the first quarter, after increasing at a 3.8% pace in 
      the fourth. Domestic demand alone probably soared at a 6% clip in the first 
      quarter.
      
      PERSONAL INCOME
      Thursday, May 1, 8:30 a.m.EDT -- Both personal income and consumer spending 
      likely rose 0.4% in March, after increasing 0.9% and 0.3%, respectively, in 
      February.
      
      NAPM SURVEY
      Thursday, May 1, 10 a.m.EDT -- The National Association of Purchasing 
      Management's business index likely fell to 54.3% in April, from 55% in March.
      
      EMPLOYMENT
      Friday, May 2, 8:30 a.m.EDT -- The MMS survey expects that payrolls grew 
      200,000 in April, after a 175,000 gain in March. April's jobless rate likely 
      remained at 5.2%.
      
    Before it's here, it's on the Bloomberg Terminal.
    LEARN MORE