Tuesday, January 01, 2013

Wednesday: ISM Mfg Index, Construction Spending

by Bill McBride on 1/01/2013 06:51:00 PM

Update: The FOMC Minutes and auto sales will be released on Thursday.

Here is the live feed for the U.S. House of Representatives. That might vote on something tonight.

Back to work ...

Wednesday economic releases:
• At 9:00 AM ET, The Markit US PMI Manufacturing Index Flash. The consensus is for an increase to 54.2, up from 52.8.

• At 10:00 AM, the ISM Manufacturing Index for December will be released. The consensus is for PMI to increase to 50.5 from 49.5 in November. (above 50 is expansion). The regional surveys suggest expansion in December.

• Also at 10:00 AM, Construction Spending for November. The consensus is for a 0.6% increase in construction spending.

Here are the winners for the December economic question contest:
1st: Matei Ripeanu
2nd tie: Walt Tucker, OpenID User, Bill Dawers, Joey Cordero

Here are the 2012 Overall winners:
1st: Bill (CR)
2nd: Bryant Dodson
3rd: Billy Forney
4th: Bill Dawers
5th: Walt Tucker

Congratulations all!

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