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Business Week Index
THE WEEK AHEAD
Tuesday, Oct. 29, 8:30 a.m.EST -- Labor costs rose 0.8% in the third quarter,
the same gain as in the second, says the median forecast of economists polled
by MMS International, one of The McGraw-Hill Companies.
Tuesday, Oct. 29, 10 a.m.EST -- The Conference Board's confidence index likely
hit 112 in October, from 111.8 in September.
REAL GROSS DOMESTIC PRODUCT
Wednesday, Oct. 30, 8:30 a.m.EST -- The MMS survey expects that real GDP grew
at a 2.1% annual rate in the third quarter, less than half the 4.7% surge in
NEW SINGLE-FAMILY HOME SALES
Wednesday, Oct. 30, 10 a.m.EST -- New homes likely sold at an annual rate of
775,000 in September, a big drop from August's surprisingly strong 832,000 pace.
Wednesday, Oct. 30, noonEST -- The Federal Reserve's roundup of economic
reports from its 12 districts will give a summary of October business activity
in advance of the Fed's Nov. 13 policy meeting.
Thursday, Oct. 31, 8:30 a.m.EST -- Personal income probably rose 0.5% in
September, after a 0.6% advance in August. September consumer spending likely
rose 0.4%, on top of a 0.6% rise in August.
Friday, Nov. 1, 8:30 a.m.EST -- The MMS median forecast calls for a gain of
188,000 nonfarm jobs in October, after payrolls dipped 40,000 in September. The
unemployment rate likely remained at 5.2%, and hourly wages probably increased
0.3% in October, after a 0.5% rise in September.
Friday, Nov. 1, 10 a.m.EST -- The National Association of Purchasing
Management's business index likely slipped to 51.5% in October, from 51.7% in