Election Day is Tuesday.
President Obama sticks close to the White House for most of the week, reacting to the expression of will of the electorate and then departing Friday for a 10-day trip to Asia. He starts in Mumbai on Saturday. More than 200 business executives (including leading manufacturers) accompany the President and attend the U.S.-India Business and Entrepreneurship Summit. (White House press briefing on the trip and materials from the U.S.-Indian Business Council.)
The Senate holds pro forma sessions today and Thursday to prevent the President from exercising his contitutional authority to make recess appointments. No committee hearings are scheduled this week. The lame duck session of Congress begins Nov. 15.
Executive Branch: Secretary of State Hillary Clinton continues her Asian-Pacific travels in Malaysia today, and then heading to Papua New Guinea, New Zealand and Australia. U.S. Trade Representative Ron Kirk speaks Thursday to the Trade and Environmental Policy Advisory Committee.
Judicial Branch:: The Supreme Court on Wednesday hears oral arguments in Williamson v. Mazda Motor of America, the most prominent case dealing with federal preemption this term. (Case summary) The National Association of Manufacturers has joined in an amicus brief in support of Mazda’s position.
Economic Reports: The Institute for Supply Management releases its manufacturing index for October today. On Wednesday, the Census releases the full Manufacturers’ Shipments, Inventories, and Orders Survey for September. The October unemployment figure is announced Friday. For more, see the MarketWatch report and Neil Irwin’s “Week Ahead.” In a related development, the Federal Reserve is expected to make a new round of government bond purchases on Wednesday.
Election Night from the National Association of Manufacturers: We’ll be blogging on the election results here at Shopfloor.org. On Twitter, follow the NAM at @Shopfloor_NAM or search for the hashtag, #NAMvote.
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