Here’s a look at some of the stories Missouri Business Alert is tracking this week:
The Treasury Department will release its monthly statement, offering an account of the federal government’s surplus or deficit for November.
The Treasury Department also will hold its weekly auction of bills.
The National Federation of Independent Businesses will release its monthly Small Business Optimism Index. A sharp rise in the index is expected this month, according to Econoday. The index has been depressed in recent months by political uncertainty, with the October report showing “record levels of uncertainty … tied directly to the election,” NFIB President and CEO Juanita Duggan said.
Monsanto will hold a special meeting of shareholders to conduct a vote about Bayer’s proposed acquisition of the Creve Coeur-based seed company. Monsanto’s board agreed in September to a $66 billion buyout offer from Bayer, the German chemical and pharmaceutical company.
Kansas City will host a demo day for participants in the city’s inaugural Innovation Partnership Program. The program gave entrepreneurs access to city data and infrastructure to test new products and services in support of AdvanceKC and city operations.
The Federal Reserve Bank’s Federal Open Market Committee will conclude its final meeting of the year, followed by an announcement and press conference from Fed Chair Janet Yellen. With unemployment at 4.6 percent and inflation below the target rate of 2 percent, the central bank is widely expected to raise interest rates by 0.25 percent, according to Econoday, marking just the second rate increase in 10 years.
The Governor’s Conference on Agriculture gets underway at the Lake of the Ozarks. The 47th annual event features a variety of awards, educational programming and networking opportunities, and it also features the unveiling of a new agriculture impact study.
The Missouri Conservation Commission will commence two days of meetings, starting with a closed executive session Thursday and continuing with an open session Friday.
Companies scheduled to report quarterly results include Adobe Systems and Oracle.
The Census Bureau will deliver its monthly report on new residential construction. Consensus estimates for November call for 1.22 million starts and 1.24 million permits, according to Econoday. That compares with 1.32 million and 1.23 million, respectively, in October and comes against the backdrop of a general upward trend in both starts and permits.
The weekly Baker Hughes Rig Count will be released. Last week, the tally of active oil rigs saw its largest spike since July 2015, Reuters reports. The increase in U.S. activity comes as OPEC and other non-OPEC countries have pledged to cut production, Bloomberg reports, in an effort to boost prices.
Want the state’s top business and entrepreneurship news in your inbox? Sign up here for our newsletters.