At 10 a.m. ET, the Department of Commerce will release its June construction spending report, which is expected to show a drop of 1%, after May's milder decline of 0.2%.
Construction
Also at 10 a.m., the pace of manufacturing activity as gauged by the Institute of Supply Management is expected to slow to an index reading of 53.5 in July, after coming in at 56.2 in June.
an index above 50 is considered growth...
The pace of manufacturing activity slowed in July , coming in at 55.5 after June's reading of 56.2. July's level, however, outpaced the 53.5 reading that Wall Street had projected.
Construction
Also at 10 a.m., the pace of manufacturing activity as gauged by the Institute of Supply Management is expected to slow to an index reading of 53.5 in July, after coming in at 56.2 in June.
an index above 50 is considered growth...
The pace of manufacturing activity slowed in July , coming in at 55.5 after June's reading of 56.2. July's level, however, outpaced the 53.5 reading that Wall Street had projected.
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