Monday, April 2, 2018
The Business News Week Ahead
A busy week topped by the employment report starts off with close looks
at two sectors that have been posting outstanding payroll growth:
manufacturing and construction. The week kicks off with the March final
for the manufacturing PMI followed by ISM's manufacturing index which,
in what would be rare form, is expected to hold the 60 level.
Construction spending is also out on Monday and improvement here is the
call. Tuesday's news will be unit auto sales and the first hard
indication on consumer spending during March with Wednesday's focus on
March updates out of the service sector including the ISM
non-manufacturing index which itself has been flirting with a 60 score.
The trade deficit will dominate Thursday's calendar and may raise
questions over the strength of first-quarter GDP, leading to Friday's
employment report where moderate readings for payrolls and wages are the
expectations despite what is expected to be a downtick in the
unemployment rate to 4.0 percent.
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