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The Week Ahead


Business Week Index

THE WEEK AHEAD

NAPM SURVEY

Monday, Dec. 1, 10 a.m. EST -- The National Association of Purchasing

Management's index probably slipped to 55% in November, from 56% in October.

That's the median forecast of economists surveyed by MMS International, one of

The McGraw-Hill Companies.

CONSTRUCTION SPENDING

Monday, Dec. 1, 10 a.m. EST -- Building outlays likely increased 0.5% in

October, after an unexpected drop of 1.1% in September.

LEADING INDICATORS

Tuesday, Dec. 2, 10 a.m. EST -- The Conference Board's composite index of

leading indicators probably rose 0.2% in October, the same gain posted in

September.

NEW HOME SALES

Wednesday, Dec. 3, 10 a.m. EST -- The MMS survey expects that new single-family

homes sold at an annual rate of 800,000 in October, unchanged from September's

high selling pace.

BEIGE BOOK

Wednesday, Dec. 3, 2 p.m. EST -- The Federal Reserve Board will release its

report on how regional economies are doing. The Beige Book is prepared in

advance of each Fed policy meeting. The next meeting will be on Dec. 16.

EMPLOYMENT

Friday, Dec. 5, 8:30 a.m. EST -- The MMS median forecast calls for a gain of

200,000 new nonfarm jobs in November, on top of the 284,000 created in October.

The survey also expects that the jobless rate ticked back up to 4.8% last

month, from October's 4.7%. But given the trends in labor-force and job growth,

another drop in the rate would not be surprising.

INSTALLMENT CREDIT

Friday, Dec. 5, 3 p.m. EST -- Consumers likely added only $4 billion to their

debt loads in October. In September, debt rose by just $2 billion. Consumers

seem to be cutting back on their use of credit cards.


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