PepsiCo on Tuesday presented third quarter results
A look at some of the key business events and economic indicators coming up this week:
Spotlight on Pepsi
Wall Street expects another solid quarterly snapshot from PepsiCo.
just charge it
The Federal Reserve on Thursday released its latest monthly tally of US consumer lending.
Americans, buoyed by a reopening economy and rising job levels, increased their use of credit this spring. Consumer lending, excluding mortgages and other loans secured by real estate, rose to about $38 billion in June, but cooled to $17 billion in July. Economist project consumer lending in August increased by the same amount.
Consumer credit, monthly change, seasonally adjusted, billions of dollars:
August (Estt.) 17.0
Economists predict that the US hiring has picked up in the last month after the recession in August.
Non-farm payroll, monthly change, seasonally adjusted:
September (Estt.) 525,000