Business Week Index: THE WEEK AHEAD
BusinessWeek Index: THE WEEK AHEAD
PERSONAL INCOME Monday, Jan. 30, 8:30 a.m. Personal income likely rose by 0.6%
in December after falling 0.1% in November, according to the median forecast of
economists polled by MMS International, a unit of McGraw-Hill Inc. Consumer
spending probably increased 0.3% last month, half of the 0.6% gain in November.
Tuesday, Jan. 31, 8:30 a.m. Wages and benefits for private workers likely grew
0.8% in the fourth quarter, up slightly from 0.7% in the third quarter. If so,
labor costs for all of 1994 rose 3.1%, slower than the 3.4% advance in 1993.
Tuesday, Jan. 31, 10 a.m. Consumer confidence probably slipped to 101.8 in
January, says the MMS survey. In December, the confidence index was 102.2.
Wednesday, Feb. 1, 8:30 a.m. The government's composite index of leading
indicators likely rose just 0.1% in December, on top of a 0.3% advance in
Wednesday, Feb. 1, 10 a.m. The National Association of Purchasing Management's
business index likely fell to 57% in January, from 57.5% in December.
Wednesday, Feb. 1, 10 a.m. Building outlays probably rose 0.4% in December on
top of a strong 0.7% gain in November.
NEW SINGLE-FAMILY HOME SALES
Thursday, Feb. 2, 10 a.m. Sales likely fell to a 680,000 annual rate in
December. November sales slid 2.5% to 693,000.
Friday, Feb. 3, 8:30 a.m. The MMS survey calls for a 220,000 gain in nonfarm
payrolls in January, just a bit slower than the 256,000 new jobs created in
December. The January jobless rate is expected to be unchanged from December's