Manufacturing index apt to bring more bad news
TODAY
The Institute for Supply Management releases its manufacturing index for November. Manufacturing, which accounts for about 12 percent of the economy, is expected to have dropped for a fourth consecutive month.
TOMORROW
Major automakers report US auto sales, and more bad news is expected.
Framingham-based Staples Inc. reports third-quarter financial results. Analysts polled by Thomson Financial predict a profit of 41 cents per share on revenue of $7.03 billion for the quarter.
WEDNESDAY
The Institute for Supply Management's service industry report is expected to show service industries, which account for almost 90 percent of the economy, contracted in November.
THURSDAY
Toll Brothers homebuilders are to report fourth-quarter results.
FRIDAY
The Labor Department releases unemployment data for November. Payrolls shrank by about 320,000 workers in November, according to the median estimate of economists surveyed by Bloomberg News. The US jobless rate may have jumped to 6.8 percent, the highest level since 1993. 