Economic Events on March 31, 2010

At 8:15 AM EDT, the ADP Employment Report will be released.  Investors will be watching this number to get advance notice on the state of the job market in advance of the government’s report on Friday.

At 9:45 AM EDT, the Chicago PMI Index for March will be announced.  The consensus index value is 61.0, which would be a slight decline from February, but still represents an improving economy in Chicago.

At 10:00 AM EDT, the Factory Orders report will be released.  The consensus is for an increase of 0.4% in orders in February.

At 10:30 AM EDT, the EIA Petroleum Status Report will be released.  Given that oil prices have been on the rise over the last month, this report will be used as evidence of inflation and an improving economy.

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