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.