All times are given in GMT.
1. CB Consumer Confidence: Tuesday, 3:00 P.M. – The Conference Board will release its monthly level of composite index, based on a survey of households. The report on financial confidence is a key indicator of consumer spending. Previous: 50.2%.
2. Fed chief Bernanke speech: Tuesday, 8:00 P.M. – Federal Reserve Chairman Ben Bernanke is due to deliver a speech on the economy at the Fisher College of Business in Columbus, Ohio. The speech could include clues on future monetary policy.
3. Revised non-farm productivity q/q: Wednesday, 1:30 P.M. – The Bureau of Labor Statistics is set to release the revised figures of annualized change in labor efficiency, not including the farming industry. The preliminary report, released a month earlier, tends to have more impact though. Previous: 1.9%.
4. Revised unit labor costs q/q: Wednesday, 1:30 P.M. – The Bureau of Labor Statistics is set to release the revised figures of annualized change in the price businesses pay for labor, not including the farming industry. The preliminary report, released a month earlier, tends to have more impact though. Previous: -0.1%.
5. Construction spending m/m: Wednesday, 3:00 P.M. – The Census Bureau is due to release monthly data on the change in the total amount of construction spending by builders. Previous: 0.5%.
6. ISM manufacturing prices: Wednesday, 3:00 P.M. – The Institute of Supply Management is scheduled to release its level of diffusion index on prices in the manufacturing industry, based on surveys of purchasing managers. The data is a key indicator of consumer inflation. Previous: 71.0.
7. Crude oil inventories: Wednesday, 3:30 P.M. – The Energy Information Administration will release its weekly data on the change in the amount of barrels of cruel oil held by commercial firms. The data generally influences the price of petroleum, which in turn affects inflation levels. Previous: 1.0M.
8. Total vehicle sales: Wednesday, all day – Major auto manufacturers will report monthly sales figures of cars and trucks throughout the afternoon. The figures are a key sign of consumer confidence. Previous: 12.3m.
9. Unemployment claims: Thursday, 1:30 P.M. – The Department of Labor is due to release weekly data on the amount of people who filed for unemployment insurance for the first time. The data is a key indicator of economic health. Previous: 407k.
10. FOMC members speak: Thursday, 5:30 P.M. – Federal Reserve Bank of St. Louis President James Bullard is due to speak on monetary policy in Washington, D.C., shortly before Federal Reserve Governor Elizabeth Duke speaks on consumer credit in Philadelphia. Speeches by Federal Reserve FOMC members generally give clues on future monetary policy.