Businessweek Archives

The Week Ahead


Business Outlook

THE WEEK AHEAD

NAPM SURVEY Monday, June 1, 10 a.m.

The National Association of Purchasing Management's index of business activity probably increased to 54% in May, from 51.3% in April.

CONSTRUCTION SPENDING Monday, June 1, 10 a.m.

Construction outlays likely rose by 0.2% in April, after jumping 1.6% in March.

PERSONAL INCOME Monday, June 1, 10 a.m.

Economists surveyed by McGraw-Hill Inc.'s MMS International say personal income likely edged up 0.2% in April, after rising 0.6% in March. Consumer spending probably increased 0.4% in April. In March, buying was up 0.3%.

LEADING INDICATORS Tuesday, June 2, 8:30 a.m.

The government's index of leading indicators probably rose by 0.2% in April, the same small advance as in March.

NEW SINGLE-FAMILY HOME SALES Tuesday, June 2, 10 a.m.

New homes likely sold at an annual rate of 540,000 in April. Sales plunged 14.8% in March, to a pace of just 513,000.

FACTORY INVENTORIES Wednesday, June 3, 10 a.m.

Manufacturers probably increased their inventories by a small 0.2% in April. That's suggested by a healthy gain in factory output for the month. In March, stock levels were unchanged.

EMPLOYMENT Friday, June 5, 8:30 a.m.

The MMS forecast calls for a 108,000 gain in nonfarm payrolls in May. That's slightly less than the 126,000 jobs added in April, but two healthy back-to-back increases in jobs would be a sure sign that this recovery is here to stay. The jobless rate likely stayed at 7.2% in May.

INSTALLMENT CREDIT Friday, June 5

The level of consumer credit probably changed little in April, after falling $1.6 billion in March, says the MMS report.KATHLEEN MADIGAN


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus