The Week Ahead
Tuesday, Oct. 29, 10 a.m. EST -- The Conference Board's October confidence index probably fell to 90, says the median forecast of economists surveyed by MMS International.
GROSS DOMESTIC PRODUCT
Thursday, Oct. 31, 8:30 a.m. EST -- The economy most likely grew at an annual rate of 3.6% during the third quarter.
EMPLOYMENT COST INDEX
Thursday, Oct. 31, 8:30 a.m. EST -- Compensation in the third quarter probably rose 0.9%, after a 1% gain in the second quarter.
Friday, Nov. 1, 8:30 a.m. EST -- Nonfarm payrolls in October are expected to have increased by 23,000 jobs, after falling by 43,000 positions in September. The unemployment rate probably climbed back up to 5.8%.
Friday, Nov. 1, 8:30 a.m. EST -- Personal income is forecast to have increased by 0.5% in September, while consumer expenditures most likely slipped by 0.1%.
PURCHASING MANAGERS' INDEX
Friday, Nov. 1, 10 a.m. EST -- The Institute for Supply Management's October industrial activity index probably edged down to 49%, from to 49.5% in September.
Friday, Nov. 1, 10 a.m. EST -- Building outlays in September most likely slipped by 0.2%, for a fifth straight monthly decline.