Magazine

The Week Ahead


CONSUMER CONFIDENCE

Tuesday, Oct. 30, 10 a.m. EDT -- The Conference Board's consumer confidence index for October probably fell to 96.9, from 97.6 in September. That's according to the median forecast of economists surveyed by Standard & Poor's MMS, a unit of The McGraw-Hill Companies.

GROSS DOMESTIC PRODUCT

Wednesday, Oct. 31, 8:30 a.m. EDT -- The Commerce Dept.'s advanced look at third-quarter economic growth is projected to show that real GDP contracted by 0.8%, the first decline since the first quarter of 1993.

PERSONAL INCOME

Thursday, Nov. 1, 8:30 a.m. EDT -- Personal income likely grew 0.3% in September, while consumer spending probably dropped 1%.

PURCHASING MANAGERS' INDEX

Thursday, Nov. 1, 10 a.m. EDT -- The National Association of Purchasing Management's September index of industrial activity likely slipped to 46%, from 46.6% in August.

CONSTRUCTION SPENDING

Thursday, Nov. 1, 10 a.m. EDT -- Building outlays in September probably remained unchanged.

EMPLOYMENT

Friday, Nov. 2, 8:30 a.m. EDT -- Nonfarm payrolls probably declined by 250,000 jobs in October, with manufacturers forecast to shed 83,000 jobs. The unemployment rate likely hit 5.1%.

FACTORY INVENTORIES

Friday, Nov. 2, 10 a.m. EDT -- Manufacturing inventories probably fell 0.5% in September.


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