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

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 August. This report is for private payrolls only (no government). The consensus is for 638,000 payroll jobs added in August, up from 330,000 added in July.

• At 10:00 AM, ISM Manufacturing Index for August. The consensus is for the ISM to be at 58.5, down from 59.5 in July.

• At 10:00 AM, Construction Spending for July. The consensus is for a 0.3% increase in construction spending.

• Late, Light vehicle sales for August. The consensus is for light vehicle sales to be 15.0 million SAAR in August, up from 14.75 million in July (Seasonally Adjusted Annual Rate).

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