Business week ahead, Jan. 21-25
Existing-home sales data from the National Association of Realtors is expected this week. Credit: Barry Sloan
KEY EVENT: The state Labor Department on Wednesday releases December unemployment rates for Nassau, Suffolk and Long Island as a whole. The local jobs picture got stronger as 2018 headed to the finish line, with the Long Island unemployment rate dropping to 3 percent in November, lowest for any month in 18 years.
MONDAY: U.S. financial markets closed for Martin Luther King Day.
TUESDAY: The National Association of Realtors posts existing-home sales for December. Earnings: Capital One Financial, Halliburton, IBM, Johnson & Johnson, Stanley Black & Decker, Travelers.
WEDNESDAY: Huntington Library’s main branch on Main Street holds a free career-building seminar 7-8:30 p.m. that covers all aspects of getting a job, including resume writing, how to prepare for an interview and where to find job leads. To register, call 516-965-9594. Also, single-family home prices for November from the Federal Housing Finance Agency. Earnings: Comcast, Ford, Procter & Gamble, Texas Instruments, United Technologies.
THURSDAY: Jobless benefits claims for the week ended Jan. 19 from the U.S. Labor Department. Also, leading economic indicators for December from the Conference Board. Earnings: American Airlines, Bristol-Myers Squibb, Intel, Starbucks, Union Pacific.
FRIDAY: Earnings from drugmaker AbbVie, Colgate-Palmolive and homebuilder D.R. Horton.
Get ready for sun and fun with NewsdayTV's summer FunBook special! From celebrating America's 250th birthday to a new ride at Adventureland, NewsdayTV's Elisa DiStefano and Newsday lifestyle editor Meghan Giannotta have your inside look at Newsday's summer FunBook.
Get ready for sun and fun with NewsdayTV's summer FunBook special! From celebrating America's 250th birthday to a new ride at Adventureland, NewsdayTV's Elisa DiStefano and Newsday lifestyle editor Meghan Giannotta have your inside look at Newsday's summer FunBook.
