The Week Ahead

Daily Freeman (Kingston, NY) - - BUSINESS -

Auto sales

Af­ter six straight years of growth and record sales of new ve­hi­cles last year, U.S. auto sales ap­pear to be hit­ting a plateau. Sales of new cars and trucks fell in Au­gust, end­ing the sum­mer on a low note for the auto in­dus­try and mak­ing it less likely that this year’s auto sales will match the record set in 2015. Did the trend con­tinue last month? Au­tomak­ers re­port their Septem­ber U.S. sales fig­ures Tues­day. A fore­cast by J.D. Power and LMC Au­to­mo­tive pre­dicts sales de­clined again last month from a year ear­lier.

Bet­ter quar­ter?

The par­ent com­pany of KFC, Taco Bell and Pizza Hut serves up its lat­est quar­terly re­sults Wed­nes­day.

Wall Street an­tic­i­pates that Yum Brands’ third-quar­ter earn­ings and rev­enue in­creased from a year ear­lier. Yum Brands has de­liv­ered im­proved earn­ings through the first half of this year, even as rev­enue has de­clined. The com­pany has been pre­par­ing to spin off its China busi­ness, which has come un­der pres­sure af­ter food scares and mar­ket­ing mis­steps that hurt sales at KFC and Pizza Hut.

Eye on hir­ing

Econ­o­mists pre­dict hir­ing in the U.S. in­creased in Septem­ber.

The La­bor Depart­ment is ex­pected to re­port on Fri­day that non­farm em­ploy­ers added 170,000 jobs last month. In Au­gust, the econ­omy added 151,000 jobs, a mod­est gain af­ter an in­crease of 275,000 in July, the most in eight months, and 271,000 in June. Even so, the un­em­ploy­ment rate held steady at 4.9 per­cent for a third straight month.

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