Business Outlook: THE WEEK AHEAD

PERSONAL INCOME Monday, Jan. 31, 8:30 a.m.

Both personal income and consumer spending likely rose by 0.5% in December, according to the median forecast of economists surveyed by McGraw-Hill Inc.'s MMS International. That's suggested by job growth and strong retail sales for the month. In November, income increased 0.6%, while consumer outlays were up 0.4%.