It's November 1 and it's already been an extraordinary month for economic data. All night, manufacturing PMI reports coming out of the world's largest economies.
But the data dump is only beginning thanks to delays caused by Hurricane Sandy.
Here's what to expect from the U.S.
8:15 AM: ADP Employment
This report was originally supposed to come out on Wednesday, but was delayed because of Hurricane Sandy. Economists estimate private companies added 155k payrolls. This pace is down from 162k last month.
8:30 AM: Initial Jobless Claims
Economists are looking for 369k.
8:30 AM: Nonfarm Productivity and Costs
This one isn't as widely followed as the other reports. Economists expect productivity climbed 2.0% and unit labor costs increased by 1.2%.
10:00 AM: ISM Manufacturing Index
This is a big one. Economists expect the number to come in at 51.5, unchanged from a month ago. The U.S. manufacturing sector is more exposed to exports than the services sector, which makes this number vulnerable to any overseas weakness.
10:00 AM: Consumer Confidence
This report was originally to be released on Tuesday, but was delayed because of Sandy. Economists are looking for a reading of 74, up from 70.3 a month ago.
10:00 AM: Construction Spending
Economists expect spending to have increased by 0.6 percent.
Meanwhile, the major automakers will be announcing their October sales. Economists expect a seasonally adjusted annual rate of sales of 14.8 million units.
Now you're ready.
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