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CALIFORNIA | PREVIEW / Some of the Business and Economic
Events Happening This Week

Construction, Factory Reports Due

April 16, 1999

The Commerce Department today will issue its monthly report on construction starts for new housing. Analysts are predicting that housing starts for March held at a high level: 1.742 million, at a seasonally adjusted annual rate, versus 1.799 million for February.

The Federal Reserve is expected to report today that output of the nation's factories, mines and utilities increased 0.2% in March, the same as in February. Utility output is likely to account for much of the gain, reflecting colder weather. Manufacturing output was subdued, analysts said.

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