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The Week Ahead


Business Week Index

THE WEEK AHEAD

PERSONAL INCOME

Monday, Sept. 29, 8:30 a.m.EDT -- Personal income is expected to have risen

0.5% in August, based on the median forecast of economists surveyed by MMS

International, a unit of The McGraw-Hill Companies, after edging up 0.1% in

July. Consumer spending on goods and services is projected to have continued

its third-quarter rebound, climbing 0.4% in August, after rising 0.8% in July.

NEW HOME SALES

Tuesday, Sept. 30, 10 a.m.EDT -- The MMS survey projects sales of new

single-family homes in August to have declined to an annual rate of 800,000,

from 817,000 in July.

CONSUMER CONFIDENCE

Tuesday, Sept. 30, 10 a.m.EDT -- The MMS poll expects the Conference Board's

index of consumer confidence in September to hold about steady with August's

high reading of 129.1. The August reading was only a shade below the 29-year

high of 129.9, hit in June. Improving employment conditions are keeping the

index high.

LEADING INDICATORS

Wednesday, Oct. 1, 10 a.m.EDT -- The Conference Board's composite index of 10

leading indicators for August is projected to have increased for the fourth

consecutive month, rising 0.1%, based on the MMS survey. The index rose 0.3% in

July.

PURCHASING MANAGERS' INDEX

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

Management's index for September is expected to have dipped to 56.4%, according

to the MMS poll, from 56.8% in August.

EMPLOYMENT REPORT

Friday, Oct. 3, 8:30 a.m.EDT -- The September job data are expected to show a

300,000 increase in payrolls, says the MMS poll, up from August's 49,000 rise.

August payrolls were depressed by the strike at United Parcel Service Inc., and

the September total will be inflated by the workers' return. The jobless rate

is expected to have held steady at the August rate of 4.9%.


Steve Ballmer, Power Forward
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