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Wednesday: ADP Employment, ISM Mfg, Construction Spending, Vehicle Sales

Summary:
Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.• At 8:15 AM, The ADP Employment Report for March. This report is for private payrolls only (no government). The consensus is for 154,000 payroll jobs lost in March, down from 183,000 added in February. • At 10:00 AM, ISM Manufacturing Index for March. The consensus is for the ISM to be at 45.0, down from 50.1 in February.• At 10:00 AM, Construction Spending for February. The consensus is for a 0.6% increase in construction spending.• At Late, Light vehicle sales for March. The consensus is for light vehicle sales to be 11.9 million SAAR in March, down from 16.8 million in February (Seasonally Adjusted Annual Rate).

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Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

• At 8:15 AM, The ADP Employment Report for March. This report is for private payrolls only (no government). The consensus is for 154,000 payroll jobs lost in March, down from 183,000 added in February.

• At 10:00 AM, ISM Manufacturing Index for March. The consensus is for the ISM to be at 45.0, down from 50.1 in February.

• At 10:00 AM, Construction Spending for February. The consensus is for a 0.6% increase in construction spending.

• At Late, Light vehicle sales for March. The consensus is for light vehicle sales to be 11.9 million SAAR in March, down from 16.8 million in February (Seasonally Adjusted Annual Rate).

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