Economic Events on September 4, 2012

The figures for motor vehicle sales for November will be released today.  The consensus estimate is that 14.3 million autos were sold last month, which would be 200,000 more than the previous month.

At 10:00 AM Eastern time, the Construction Spending report for July will be released, and the consensus is that there was an increase of 0.4% in spending compared to the previous month.

Also at 10:00 AM Eastern time, the ISM manufacturing index for August will be released.  The consensus estimate is that it increased 0.2 points last month to the midpoint value of 50.0.

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