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BusinessWeek: January 10, 2000 |
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Figures of the Week
The Week Ahead Monday, Jan. 3, 10 a.m. EST -- The National Association of Purchasing Management's business index in December likely remained at November's high reading of 56.2%. That's the median forecast of economists surveyed by Standard & Poor's MMS, a division of The McGraw-Hill Companies. An NAPM index above 50% indicates that the factory sector is expanding. CONSTRUCTION SPENDING Tuesday, Jan. 4, 10 a.m. EST -- Building outlays probably edged up 0.3% in November, the same gain posted in October. Warm weather helped to boost activity at construction sites. FACTORY INVENTORIES Wednesday, Jan. 5, 10 a.m. EST -- Factory inventories likely grew by about 0.5% in November, slightly faster than the 0.3% increase in October. NEW SINGLE-FAMILY HOME SALES Thursday, Jan. 6, 10 a.m. EST -- New homes likely sold at an annual rate of 920,000 in November, down from the record 986,00 pace in October, according to the S&P MMS survey. EMPLOYMENT Friday, Jan. 7, 8:30 a.m. EST -- The S&P MMS median forecast projects that nonfarm payrolls increased by a large 225,000 in December, on top of 234,000 new jobs created in November. December's unemployment rate is expected to remain at 4.1%, while nonfarm hourly earnings probably rose 0.3% after a very small 0.1% gain in November. INSTALLMENT CREDIT Friday, Jan. 7, 3 p.m. EST -- Consumers probably borrowed $6.2 billion more in debt than they repaid in November. In October, credit rose by $4.2 billion. | |
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