本帖最后由 多吉 于 2009-10-26 17:08 编辑
本周重要的Economy Events:
October 26, 2009 8:56 AM ET
Tuesday: Durable goods orders, from the Commerce Department report, are expected to have risen 0.7% in September, after falling 2.4% in the previous month, according to a consensus of economists surveyed by Briefing.com.
Durable goods excluding transportation are expected to have risen 0.8% in September, versus no change in August.
The Case Shiller Home Price index, which tracks 20 of the largest housing markets, is expected to show prices fell 11.45% in August after falling 13.3% in July.
The October Consumer Confidence index, from the Conference Board, is expected to have risen to 54.0 in October from 53.1 in September.
Wednesday: Sales of newly constructed homes are expected to have risen to a 440,000 unit annualized rate in September from a 429,000 unit annualized rate in August. The Commerce Department report is due out shortly after the start of trading.
The government's weekly crude oil inventories report is also due in the morning.
Thursday: The first reading on third-quarter Gross Domestic Product (GDP) growth is the dominant economic report of the week.
Due for release in the morning, the government is expected to report that GDP grew 3.1% in the quarter after shrinking 0.7% in the previous quarter, with the economy emerging from a recession that began in December 2007.
Also on tap: The weekly jobless claims report from the Department of Labor is due out in the morning.
The House Oversight Committee holds a hearing on executive compensation that is likely to be widely watched on Wall Street. White House "pay czar" Kenneth Feinberg is set to testify.
Last week, Feinberg called for the seven biggest recipients of federal bailout money to cut in half what they pay their top executives. Also last week, the Federal Reserve proposed a broad overhaul of pay policies at 28 of the largest U.S. banks.
Thursday is also the 80-year anniversary of the 1929 market crash.
Friday: September personal income and personal spending reports are due in the morning and are likely to draw considerable attention, amid worries about the hard-hit consumer.
Income is expected to hold steady after rising 0.2% in the previous month. Spending is expected to have fallen 0.4% after rising 1.3% in August.
Also slated: the Employment Cost Index, the revised reading on consumer sentiment from the University of Michigan and the Chicago PMI, a regional reading on manufacturing.
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