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Business Week Index
THE WEEK AHEAD
Monday, Apr. 1, 10 a.m.EST -- The National Association of Purchasing
Management's business index likely rose to 46.5% in March from 45.2% in
February. So says the median forecast of economists surveyed by MMS
International, one of The McGraw-Hill Companies. The index would still be below
the 50% mark, indicating the industrial sector is struggling.
Monday, Apr. 1, 10 a.m.EST -- Construction spending probably rose 0.5% on
February. Spending was up 0.3% in January. The additional rise in February is
indicated by the month's gain in housing starts.
GROSS DOMESTIC PRODUCT
Tuesday, Apr. 2, 8:30 a.m.EST -- The MMS forecast expects fourth-quarter real
GDP growth to remain at a 0.9% annual rate.
Tuesday, Apr. 2, 8:30 a.m.EST -- The index of leading indicators likely
rebounded 0.9% in February, after January's 0.5% drop.
Wednesday, Apr. 3, 8:30 a.m.EST -- Personal income probably jumped 0.7% in
February, after eking out a 0.1% gain in January. That's suggested by the surge
in February payrolls. February consumer spending likely rebounded 0.7%, after
Wednesday, Apr. 3, 10 a.m.EST -- Factory inventories likely fell 0.5% in
February, after rising a large 0.7% in January.
Friday, Apr. 5, 8:30 a.m.EST -- The MMS median forecast is that nonfarm
payrolls edged up 77,000 in March. That's after the unexpected surge of 705,000
in February. March's unemployment rate likely rose to 5.7%, from 5.5% in
February. The Dow Jones industrial average plunged 171 points after the release
of the February report. However, because of Good Friday, the stock market will
be closed when the March report is released.