Magazine

The Week Ahead


VEHICLE SALES

Monday, Nov. 5 -- Sales of U.S.-made and imported cars and light trucks probably totaled an annual rate of 19.3 million units for October, driven by incentives such as 0% financing.

FOMC MEETING

Tuesday, Nov. 6, 9 a.m. EST -- The Federal Reserve Board's Open Market Committee will meet to set monetary policy. About two-thirds of the economists surveyed by Standard & Poor's MMS, a unit of The McGraw-Hill Companies, expect a quarter-point cut in the federal funds rate, with the remainder projecting a half-point cut.

PRODUCTIVITY & COSTS

Wednesday, Nov. 7, 8:30 a.m. EST -- Output per hour worked in the third quarter is projected to have grown at an annual rate of 0.5%. Unit labor costs likely advanced 3.2%.

INSTALLMENT CREDIT

Wednesday, Nov. 7, 3 p.m. EST -- Consumers probably pared $800 million of debt in September, after adding $2.3 billion in August.

EXPORT-IMPORT PRICES

Thursday, Nov. 8, 8:30 a.m. EST -- Import prices for October are forecast to have fallen 0.3%, while export prices likely declined 0.1%. In September, import prices rose 0.3%, while export prices inched up 0.1%.

PRODUCER PRICE INDEX

Friday, Nov. 9, 8:30 a.m. EST -- Producer prices of finished goods in October likely fell 0.2%, after increasing 0.4% in September. Excluding food and energy, October core prices probably rose 0.1%, after rising 0.3%.


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