03.11.2008 17:54

ISM Index and Construction Spending reports will both be released at 15:00 GMT.


The ISM Index, a measure of nationwide manufacturing activity, is expected to come in at 43, down from 43.5 in September. Anything below 50 signals a contraction in manufacturing, while anything over 50 reflects growth.
A report on construction spending in September is also due at 1500 GMT. Economists expect a decline of 0.8%. In August, construction spending was flat.






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