A look at some of the key business events and economic indicators upcoming this week:
The Commerce Department issues its December snapshot of construction spending Monday.
Spending on construction projects rose a solid 0.6% in November as gains in homebuilding and government projects offset weakness in nonresidential construction. Economists project that construction spending increased by 0.5% in December.
Construction spending, monthly percent change, seasonally adjusted:
Dec. (est.) 0.5
Wall Street expects that Disney’s latest quarterly report card will show mixed results.
Analysts predict the entertainment giant’s fiscal first-quarter earnings declined from a year earlier, even as revenue increased. Investors will be listening for an update on the company’s video