HALISTER1: U.S. ECO PREVIEW: ISM Mfg, Construction Due in 5 Minutes

U.S. ECO PREVIEW: ISM Mfg, Construction Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.
  • ISM Manu 58.1; range 55.6 to 60 (74 estimates)
  • ISM Prices 63; range 60 to 65.6 (9 estimates)
    • Recent economic data have been affected by this year’s hurricanes
    • In August, the ISM index rose to 58.8, signaling the fastest pace of expansion in six years, driven by employment gains; fourteen of 18 industries surveyed reported growth
  • Const. Spend 0.4% m/m; range -0.8% to 0.8% (44 estimates)
    • For the year to date, construction spending is down 0.1 percent
To contact the reporters on this story: Chris Middleton in Washington at cmiddleton2@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Kristy Scheuble

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Source: BFW (Bloomberg First Word)

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