• Personal Income and Spending: Both personal income and spending remained strong in November, rising 0.3 percent and 0.4 percent, respectively. But worries persist about whether this can be sustained because of continued high unemployment despite pent-up demand for consumer goods. New data come out Monday at 8:30 a.m.
• Core Prices: Despite persistent concerns about inflation, core prices increased only 0.1 percent in November, bringing the year-over-year growth down to 0.8 percent. That’s unchanged from October and remains at its lowest level in the 50-year history since the data has been collected. Watch for December data on Monday at 8:30 a.m.
• ISM Manufacturing Index: The ISM Manufacturing Index increased to 57.0 in December from 56.6 in November. With the exception of the Dallas Fed’s Texas Manufacturing Outlook Survey, all of the regional Fed surveys point to a further acceleration in manufacturing activity in December. Watch for December numbers on Tuesday at 10 a.m.
• Factory Orders: Factory orders strengthened in November — up 0.7 percent after falling 0.7 percent in October — in response to stronger consumer demand for items such as household appliances, computers, and furniture. Looking ahead, unfilled orders growth over the past several months should keep production stable. December’s numbers come out on Thursday at 10 a.m.
• Non-farm Payrolls: With unemployment holding above 9.4 percent and job growth lagging, payrolls don’t show any sign of markedly increasing any time soon. In December, non-farm payroll employment decreased in 35 states and the District of Columbia and increased in 15 states. January numbers are due out Friday at 8:30 a.m.

from www.moneynews.com