Economic Calendar: October 31-November 4

Time (EST) Indicator (click for definition) Source (click for press release) Actual Forecast Previous (revised) Previous (original) Monday, Oct. 31 8:30 a.m. Personal income for Sept. Commerce Department +1.7% +0.4% -0.9% -0.1% Consumption +0.5% +0.5% -0.5% -0.5% 10 a.m. Chicago Purchasing Managers' Index for Oct. National Association of Purchasing Management -- Chicago 62.9 57.2 60.5 60.5 Tuesday, Nov. 1 9 a.m. Federal Open Market Committee meeting Federal Reserve The Fed's monetary policymaking committee holds its 7th meeting of the year in Washington. Any change in monetary policy will be announced at around 2:10 p.m. 9 a.m. ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended Oct. 29 International Council of Shopping Centers and UBS +0.4% n.a. -0.2% -0.2% 9 a.m. Johnson Redbook Retail Sales Index for the week ended Oct. 29, vs. September Redbook Research +4.5% n.a. +1.3% +1.0%* 10 a.m. Construction spending for Sept. Census Bureau +0.5% +0.5% +0.6% +0.4% 10 a.m. ISM Index - Manufacturing for Oct. Institute for Supply Management 59.1 57.0 59.4 59.4 Wednesday, Nov. 2 8 a.m. Mortgage Applications Survey for the week ended Oct.28 -- Market Composite Index Mortgage Bankers Association 646.7 n.a. 679.1 679.1 Purchase Index 437.6 n.a. 466.4 466.4 9 a.m. Treasury refunding announcement Treasury Department The Treasury announces the size of its next quarterly refunding. Five-, 10- and 3-year notes and bonds will be sold next Tuesday, Wednesday and Thursday. 11 a.m. Consumer Comfort Index for the week ended Oct. 30 ABC News and Washington Post -21 n.a. -19 -19 Thursday, Nov. 3 8:30 a.m. Initial Jobless Claims for the week ended Oct. 29 Labor Department +323,000 +330,000 +331,000 +328,000 Four-week average +351,000 n.a. +368,000 +367,000 8:30 a.m. Productivity for Q3 -- preliminary Labor Department +4.1% +2.6% +2.1% +1.8% Unit labor costs -0.5% n.a. +1.8% +2.5% 10 a.m. Greenspan speech Federal Reserve The Fed chairman speaks to U.S. Congress Joint Economic Committee on the topic: Economic Outlook 10 a.m. Factory orders for Sept. Census Bureau -1.7% -1.0% +2.9% +2.5% 10 a.m. ISM Services - Non-Manufacturing for Oct. Institute for Supply Management 60.0 57.0 53.3 53.3 Friday, Nov. 4 8:30 a.m. Nonfarm payrolls for Oct. Labor Department +56,000 +100,000 -8,000 -35,000 Average hourly earnings +0.5% +0.2% +0.1% +0.2% Unemployment rate +5.0% +5.1% +5.1% +5.1% Augmented unemployment rate +8.0% n.a. +8.1% +8.1% Pool of available workers 12M n.a. 13M 13M 10:30 a.m. Weekly Leading Index for the week ended Oct. 28 Economic Cycle Research Institute +1.9% n.a. +2.0% +2.1%

P-Preliminary forecast
*Month through previous Saturday, vs. prior month
Expectations as reported by Reuters

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