Business Week Index: THE WEEK AHEAD
BusinessWeek Index: THE WEEK AHEAD
Monday, May 1, 8:30 a.m. Incomes probably grew 0.4% in March, on top of a
0.5% rise in February, says the median forecast of economists polled by The
McGraw-Hill Companies' MMS International. Consumer spending likely rose 0.3%,
after February's 0.1% gain.
Monday, May 1, 10 a.m. March outlays for building projects probably fell
0.5%, the same as in February.
Monday, May 1, 10 a.m. The National Association of Purchasing Management's
business index likely slipped to 50% in April from 51.4% in March.
NEW HOME SALES
Tuesday, May 2, 10 a.m. Sales of new houses probably rebounded to an annual
rate of 560,000 in March, after plunging 14% in February, to a 551,000 pace.
Wednesday, May 3, 8:30 a.m. The index of leading indicators likely fell
0.3% in March, on top of February's 0.2% dip.
Wednesday, May 3, 10 a.m. Manufacturers' inventories probably changed
little in March, after a 0.8% jump in February. Last quarter's buildup in
inventories is sure to lead to production and job cuts.
Friday, May 5, 8:30 a.m. The MMS economists expect that nonfarm payrolls
rose by a modest 188,000 new jobs in April--less than the 203,000 increase in
March. The unemployment rate in April probably remained at 5.5%.
Friday, May 5 Consumer debt likely grew by $6 billion in March. That's less
than the $8.2 billion added in February and is another sign of slower consumer