The Institute of Supply Managers and MNI Indicators will release their monthly report on business activity in Chicago at 9:45 a.m. ET.
Advertisement
Economists forecast that the purchasing manager's index rose to 52 in September from 51.5, according to Bloomberg.
A reading above 50 indicates that business activity is still in expansionary territory.
Four of the five readings of the business barometer fell from July to August; only the employment component increased.
"On a trend basis, though, the July-August growth rates paint a slightly better picture - albeit still weak - than that seen earlier in the year," said Lorena Castellanos, senior economist at MNI Indicators, in the previous report.
NewsletterSIMPLY PUT - where we join the dots to inform and inspire you. Sign up for a weekly brief collating many news items into one untangled thought delivered straight to your mailbox.
Next Story
US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
2 states where home prices are falling because there are too many houses and not enough buyers
A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
9 health benefits of drinking sugarcane juice in summer
10 benefits of incorporating almond oil into your daily diet
From heart health to detoxification: 10 reasons to eat beetroot
Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
