Businessweek Archives

The Week Ahead


Business Week Index

THE WEEK AHEAD

PERSONAL INCOME

Monday, Sept. 30, 8:30 a.m.EDT -- Personal income likely increased by a solid

0.5% in August, while consumer spending probably rose 0.4%. Those are the

median forecasts of economists polled by MMS International, one of The

McGraw-Hill Companies. The income gain is suggested by rises in weekly pay and

jobs in August. In July, income edged up just 0.1%, while spending advanced

0.2%.

NEW HOME SALES

Monday, Sept. 30, 10 a.m.EDT -- New houses likely sold at an annual rate of

750,000 in August, after a surprising 7.9% jump, to a 783,000 rate, in July.

LEADING INDICATORS

Tuesday, Oct. 1, 8:30 a.m.EDT -- The MMS survey expects that the Conference

Board's index of leading indicators rose 0.2% in August, the seventh straight

gain. The index also advanced 0.2% in July.

NAPM SURVEY

Tuesday, Oct. 1, 10 a.m.EDT -- The National Association of Purchasing

Management's business index likely stood at 53% in September, up from 52.6% in

August.

CONSTRUCTION SPENDING

Wednesday, Oct. 2, 10 a.m.EDT -- Spending on construction projects probably

rose 0.5% in August, after falling 1.4% in July.

FACTORY INVENTORIES

Thursday, Oct. 3, 10 a.m.EDT -- Factory inventories likely grew by 0.2% in

August, the same small gain as in July.

EMPLOYMENT

Friday, Oct. 4, 8:30 a.m.EDT -- The MMS median forecast calls for a gain of

182,000 nonfarm jobs in September. That's down from 250,000 in August, but that

total was pumped up by a large gain in teaching positions. The unemployment

rate is forecast to jump back to 5.3%, up from 5.1% in August. And the average

nonfarm hourly wage probably rose 0.3% in September. If so, yearly pay growth

would slip down to 3.3%, from August's rapid 3.6% pace.

Return to top

Return to top


Toyota's Hydrogen Man
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus