KEY EVENT: Growth spurt. In November 2013, Long Island employers added the most jobs in any single month since October 2000, signaling what turned into a strong holiday season and continued job growth. Will this year be as strong? The answer comes Thursday when the state Labor Department releases new Long Island jobs added in November.
MONDAY: The Federal Reserve Bank of New York releases the December Empire State survey, an update on New York manufacturing. Also, the December housing market report from the National Association of Home Builders and November industrial production from the Commerce Department.
TUESDAY: November housing starts from the Commerce Department.
WEDNESDAY: The Federal Reserve ends its two-day meeting with a decision on interest rates. Following the announcement, Fed Chair Janet Yellen holds a news conference. Also, the U.S. Labor Department releases its monthly inflation gauge, consumer prices for November. Earnings: FedEx, General Mills, Oracle.
THURSDAY: Jobless benefits claims for the week ended Dec. 13 from the U.S. Labor Department. Earnings: Nike.
FRIDAY: The quarterly stock market event known as quadruple witching, when stock futures, stock options, index futures and index options expire at the same time, which sometimes causes market volatility. Earnings: BlackBerry.