Magazine

The Week Ahead


CONSUMER CONFIDENCE

Tuesday, July 30, 10 a.m. EDT -- The Conference Board's July confidence index is forecast to have fallen to 102.3, from 106.4 in June. That's based on the median forecast of economists surveyed by Standard & Poor's MMS, a unit of The McGraw-Hill Companies.

GROSS DOMESTIC PRODUCT

Wednesday, July 31, 8:30 a.m. EDT -- The economy is expected to have grown at an annual rate of 2.5% in the second quarter, after a 6.1% surge in the first quarter. A ballooning trade deficit and a slowdown in inventory liquidation cooled growth.

BEIGE BOOK

Wednesday, July 31, 2 p.m. EDT -- The Federal Reserve Board releases its survey of regional economic activity ahead of its Aug. 13 policy meeting.

PURCHASING MANAGERS' INDEX

Thursday, Aug. 1, 10 a.m. EDT -- The Institute for Supply Management's industrial-activity index most likely fell to 55.5% in July.

EMPLOYMENT

Friday, Aug. 2, 8:30 a.m. EDT -- Nonfarm payrolls in July most likely increased by 68,000 jobs. The unemployment rate probably held at 5.9%.

PERSONAL INCOME

Friday, Aug. 2, 8:30 a.m. EDT -- Personal income in June probably rose 0.4%, while consumer expenditures are forecast to have risen 0.5%.

FACTORY INVENTORIES

Friday, Aug. 2, 10 a.m. EDT -- Manufacturing inventories most likely slipped 0.1% in June.


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