New reports due on jobs, wholesale prices (AP)

Building materials are lifted by crane to the roof of a building under construction on New York's Fifth Ave. Monday, Feb. 9, 2009. The Empire State Building is at left. The troubled commercial real estate industry is facing a deluge of debt coming due this year at the same time that property prices, rents and occupancies are falling. (AP Photo/Mark Lennihan)AP – After releasing a grim assessment of the economy yesterday, the government is set to report on weekly jobless claims, wholesale prices and leading indicators this morning. The Fed warned the wounded economy isn’t likely to heal anytime soon and that unemployment could soar as high as 8.8 percent this year.


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