Manufacturing Activity, Construction Spending Reports Due

At 10 am ET, the Institute for Supply Management is scheduled to release its report on manufacturing activity in the month of September.

The ISM’s manufacturing PMI is expected to inch up to 47.5 in September from 47.2 in August, but a reading below 50 would still indicate contraction.

The Labor Department is also due to release its report on job openings in the month of August at 10 am ET. Job openings in August are expected to come in unchanged from July at 7.67 million.

Also at 10 am ET, the Commerce Department is schedule to release its report on construction spending in the month of August. Construction spending is expected to tick up by 0.1 percent in August after falling by 0.3 percent in July.

Atlanta Federal Reserve President Raphael Bostic is due to give welcome and opening remarks before the “Technology-Enabled Disruption: Implications of AI, Big Data, and Remote Work” conference at 11 am ET.

At 11:10 am ET, Bostic scheduled to moderate a session with Federal Reserve Board Governor Lisa Cook at the conference.

Bostic, Richmond Fed President Thomas Barkin and Boston Fed President Susan Collins a due to participate in “A Conversation with the Federal Reserve Presidents” before the conference at 6:15 pm ET.


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