Jan. 26 - The advance reading of GDP will be out at 8:30. The 3% forecast far exceeds the final third-quarter reading of 1.8 percent. Consumer spending is seen as key.
Parents your US day ahead analysts looking for growth for the fourth quarter to hit 3%. The advance reading of GDP is out at 8:30 AM the 3% forecast far exceeds the final third quarter reading of one point 8%. Consumers' spending is seen as key we know them. Costumes. I up somehow managed to keep on spending but people don't expect I can continue to. Do that when it comes generally and I'll -- very strongly in this very high unemployment so looking for Catholics to become personal consumption component of the numbers. After issuing a profit warning earlier this month Chevron reports quarterly results. The consensus forecast for the Dow component is now two dollars 85 cents. That's down about 15%. From before the warning. It is still up from a year ago though the oil giant expects earnings to decline from the previous quarter. Lower production contributing to the weakness shares of Chevron have underperformed the Dow Industrials over the past three months. Chevron isn't the only Dow industrial reporting Friday Procter & Gamble also on the list. Others expected to issue results include -- that he -- price. Analysts predicting a decline in profits from a year ago for all three. PNG rival Colgate-Palmolive. Reported a rise in profit Thursday. But set the stronger dollar was cutting into its gains. Have one of fed speaker on the agenda New York fed president Bill Dudley discusses the regional economy at the bank in lower Manhattan. He is one of the first members of the Fed's policy setting committee to give public remarks since -- released more detailed forecast from its members this week. For the first time ever. I'm Rhonda schaffler at this is writers don't forget to watch our coverage of the world economic form. From Davos Switzerland obviously.