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HERE COMES INDUSTRIAL PRODUCTION...

Apr 16, 2014, 18:31 IST

Wikimedia CommonsElectric phosphate smelting furnace used in the making of elemental phosphorus in a TVA chemical plant in the Muscle Shoals area, Alabama.

At 9:15 a.m. ET, well get the March report on industrial production activity.

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Economists estimate production climbed by 0.5% during the month, down from 0.6% in February.

"We expect to see continued improvement in mining and manufacturing production in March as the BLS reported that aggregate weekly hours worked in mining and manufacturing rose at a solid pace," said Nomura economists. "In contrast, we expect utilities production to remain flat and forecast a decline in vehicle production as the inventories- to-sales ratio for autos has been elevated."

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