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The Week Ahead


Business Week Index

THE WEEK AHEAD

DURABLE GOODS ORDERS

Tuesday, Apr. 28, 8:30 a.m. EDT -- New durable goods orders likely rose 0.7% in March, after falling 1.7% in February. That's the median forecast of economists surveyed by Standard & Poor's MMS, one of The McGraw-Hill Companies.

CONSUMER CONFIDENCE

Tuesday, Apr. 28, 10 a.m. EDT -- The Conference Board's confidence index likely rose to 135 in April, from March's 134.3.

NEW HOME SALES

Wednesday, Apr. 29, 10 a.m. EDT -- New single-family homes probably sold at an annual rate of 870,000 in March. In February, home sales jumped unexpectedly, to a record high of 893,000.

REAL GROSS DOMESTIC PRODUCT

Thursday, Apr. 30, 8:30 a.m. EDT -- The S&P MMS survey expects that real GDP grew at an annual rate of 3.5% in the first quarter, after a 3.7% surge in the fourth quarter. Red-hot consumer spending led the gain.

EMPLOYMENT COSTS

Thursday, Apr. 30, 8:30 a.m. EDT -- Employment costs for civilian workers probably increased 0.9% in the first quarter, after rising 1% in the fourth quarter. Higher wages are pushing up the growth of overall compensation costs.

PERSONAL INCOME

Friday, May 1, 8:30 a.m. EDT -- Personal income likely edged up 0.2% in March, while consumer spending rose 0.3%, says the S&P MMS survey. In February, incomes jumped 0.6%, while spending advanced 0.4%.

NAPM SURVEY

Friday, May 1, 10 a.m. EDT -- The National Association of Purchasing Management's business index likely fell to 53.5% in April, from 54.8% in March.

CONSTRUCTION SPENDING

Friday, May 1, 10 a.m. EDT -- Construction outlays probably rose 0.1% in March, after a 0.3% increase in February.


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