Here comes US manufacturing data ...

We’ll get the latest readings on the US manufacturing sector on Friday morning.

First, at 9:45 a.m. ET, the latest Manufacturing PMI from Markit Economics will cross. Economists are expecting a reading of 54.2, staying flat from the previous month.

A reading above 50 signals growth and a reading below 50 signals contraction.

In the flash release, Markit’s Chris Williamson said: “Manufacturers saw a disappointing start to the second quarter, reporting the weakest growth since January. Key to the slowdown was a weakening of export orders, in turn a symptom of the loss of competitiveness arising from the dollar’s strength.”

And at the top of the hour, we’ll get the ISM Manufacturing print for April.

Economists are forecasting a reading of 52.0, up from 51.5 in March.

In last month’s report, respondents said they faced challenges from the West Coast port slowdown, which has now ended, and low oil prices.

We’ll be back when the numbers cross

NOW WATCH: This simple exercise will work out every muscle in your body

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at