Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

There Are Four Big Economic Datapoints Coming Out Today

Joe WeisenthalJan 2, 2014, 15:42 IST

REUTERS/ Brendan McDermid

This is the perfect way to start the business year: With a fat slate of economic data.

Via Calculated Risk, here are the big numbers coming out:

• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for claims to be unchanged at 338 thousand.

• At 9:00 AM, the Markit US PMI Manufacturing Index for December. The consensus is for an decrease to 54.5 from 54.7 in November.

• At 10:00 AM, the ISM Manufacturing Index for December. The consensus is for a decrease to 57.0 from 57.3 in November. The ISM manufacturing index indicated expansion in November at 57.3%. The employment index was at 56.5%, and the new orders index was at 63.6%.

• Also at 10:00 AM, Construction Spending for November. The consensus is for a 1.0% increase in November construction spending.

We'll be covering all the numbers LIVE.