Personal income, Chicago PMI on tap
David Russell | firstname.lastname@example.org
Today's economic calendar is relatively quiet, with personal income and Chicago PMI as the only data scheduled for release.
The Commerce Department will report personal income and personal spending for October at 8:30 a.m. ET. Economists predict an increase of about 0.1 percent for each, compared with gains of 0.4 percent for income and 0.8 percent for spending in September. The report is unlikely to affect market sentiment.
The Chicago Purchasing Managers Index for November follows at 9:45 a.m. ET. Economists anticipate a reading of 50.7, up from October's 49.9. A reading over 50 indicates an expansion.
While the report can provide clues above the overall economy, its focus on one geographic area usually prevents it from swaying broader sentiment.
Jobs, manufacturing data on agenda
May 1, 2013
Macroeconomic data is back in focus today, with reports on employment, manufacturing, and the Federal Reserve's monetary policy on the calendar.
Durable goods, earnings on calendar
April 24, 2013
Today's event calendar focuses on durable-goods orders, while corporate results continue their heavy flow. Aerospace giant Boeing and auto maker Ford are the biggest earnings report this morning.
Overseas data, housing on calendar
April 23, 2013
Trading sentiment could be affected by purchasing managers index numbers from China, Germany, France, and the Eurozone. Housing data dominates today's U.S. data.