The Week Ahead
Tuesday, Apr. 1, 10 a.m. EST -- Building outlays are forecast to have fallen 0.3% in February, the result of bad weather and geopolitical uncertainties that weighed on the housing market. That's based on the median forecast of economists surveyed by MMS International. In January, spending jumped by 1.7%.
PURCHASING MANAGERS' INDEX
Tuesday, Apr. 1, 10 a.m. EST -- The Institute for Supply Management's March industrial-activity index very likely fell below the 50% threshold between growth and contraction for the first time since October, to 49.5%.
Tuesday, Apr. 1 -- Sales of U.S.-made and imported cars and light trucks in March probably held at a modest annual pace of 15.5 million.
Wednesday, Apr. 2, 10 a.m. EST -- Manufacturing inventories most likely held steady again in March, based on a 0.1% dip in stocks of durable goods.
Friday, Apr. 4, 8:30 a.m. EST -- Nonfarm payrolls in March are expected to have increased by 40,000, following a steep February decline of 308,000. Factories probably cut another 33,000 positions in March. The unemployment rate likely moved up to 5.9%, from 5.8% in February.