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The Week Ahead


Business Week Index

THE WEEK AHEAD

PERSONAL INCOME

Monday, Oct. 31, 8:30 a.m. Personal income probably increased by 0.6% in

September, according to the median forecast of economists surveyed by MMS

International, a unit of McGraw-Hill Inc. The solid gain is suggested by rising

weekly pay and jobs for the month. Income rose 0.4% in August. Healthy retail

sales suggest that consumer spending likely advanced by 0.4% in September,

after jumping 0.9% in August.

CONSTRUCTION SPENDING

Tuesday, Nov. 1, 8:30 a.m. The MMS economists expect that outlays for

construction projects likely rebounded by 0.5% in September, helped by higher

housing starts. Spending was flat in July and fell 0.2% in August.

NAPM SURVEY

Tuesday, Nov. 1, 10 a.m. The National Association of Purchasing

Management's business index was probably little changed in October, at 58.5%,

from September's 58.2%.

Wednesday, Nov. 2, 8:30 a.m. The index of leading indicators likely edged up

0.1% in September. The index rose 0.6% in August.

FACTORY INVENTORIES

Wednesday, Nov. 2, 10 a.m. Manufacturers' inventories were probably flat in

September, after rising just 0.1% in August. That's suggested by the weakness

in factory output in September.

NEW HOME SALES

Thursday, Nov. 3, 10 a.m. New single-family homes likely sold at an annual

rate of 675,000 in September, up from August's 703,000 pace.

EMPLOYMENT

Friday, Nov. 4, 8:30 a.m. The MMS survey forecasts that nonfarm payrolls

rose by 240,000 in October, about the same sturdy gain as in September. The

jobless rate likely stayed at September's low 5.9%, a rate considered close to

full employment.


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