Thursday, April 30, 2020

Friday: ISM Mfg Survey, Construction Spending

by Calculated Risk on 4/30/2020 07:06:00 PM

Note: The ISM survey will be for April. The lowest reading during the great recession was 33.1, and the lowest reading since 1948 was 29.4 in May 1980.

• At 10:00 AM ET, ISM Manufacturing Index for April. The consensus is for the ISM to be at 36.7, down from 49.1 in March.

• Also at 10:00 AM, Construction Spending for March. The consensus is for a 3.9% decrease in construction spending.

• All day, Light vehicle sales for April. The consensus is for light vehicle sales to be 6.5 million SAAR in April, down from 11.4 million in March (Seasonally Adjusted Annual Rate).