The Week Ahead
PURCHASING MANAGERS REPORT
Monday, Nov. 1, 10 a.m.EST -- The purchasers' October index is expected to dip to 56.5%, from 57.8% in September, based on the median forecast of economists surveyed by Standard & Poor's MMS, one of The McGraw-Hill Cos.
Monday, Nov. 1, 10 a.m.EST -- September construction outlays are projected to fall 0.2%, after declining 0.4% in August.
PERSONAL INCOME AND SPENDING
Tuesday, Nov. 2, 8:30 a.m.EST -- September personal income is expected to rise 0.4%, based on the S&P MMS survey, after gaining 0.5% in August. Consumer spending should increase by 0.4%, following a 0.9% jump in August.
Wednesday, Nov. 3, 10 a.m.EST -- Stockpiles, down 0.1% in August, will rise 0.2% in September.
Wednesday, Nov. 3, 10 a.m.EST -- The index of leading indicators, down 0.1% in August, is likely to rise 0.1% in September, says the S&P MMS survey.
Wednesday, Nov. 3, 2 p.m.EST -- The Federal Reserve will release its region-by-region economic report prepared for the Nov. 16 policy meeting.
Friday, Nov. 5, 8:30 a.m.EST -- Nonfarm payrolls in October are expected to rebound by 250,000, after declining by 8,000 in September, based on the S&P MMS survey. The unemployment rate is projected to hold steady at 4.2%.
Friday, Nov. 5, 3 p.m.EST -- Households probably added $6.9 billion to their installment debt in September.
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