The Week Ahead
EXISTING HOME SALES
Monday, Feb. 25, 10 a.m. EST -- Sales of existing homes in January are forecast to have held steady at an annual rate of 5.2 million, from 5.19 million in December. That's based on the median forecast of economists surveyed by Standard & Poor's MMS, a division of The McGraw-Hill Companies.
Tuesday, Feb. 26, 10 a.m. EST -- The Conference Board's confidence index likely slipped to 96.7 in February, from 97.3 in January.
DURABLE GOODS ORDERS Wednesday, Feb. 27, 8:30 a.m. EST -- New orders for durable goods probably rose 1.2% in January, after rising 2% in December.
NEW RESIDENTIAL SALES
Wednesday, Feb. 27, 10 a.m. EST -- New single-family home sales in January likely reached an annual rate of 920,000. For all of 2001, sales hit a record 900,000 homes.
Friday, Mar. 1, 8:30 a.m. EST -- Personal income probably grew 0.3% in January. Consumer spending is projected to have increased 0.2%, after falling 0.2% in December.
PURCHASING MANAGERS' INDEX
Friday, Mar. 1, 10 a.m. EST -- The Institute for Supply Management's February industrial-activity index likely reached 50.2%, for the first reading above 50% since July, 2000.
Friday, Mar. 1, 10 a.m. EST -- Building outlays probably rose 0.4% in January.