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6:28 am
May 2, 2011


B.P.T.

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At 10:00 AM EDT, the Construction Spending report for March will be released, and the consensus is that there was an increase of 0.5% in spending compared to the previous month.

Also at 10:00 AM EDT, the ISM manufacturing index for April will be released.  The consensus estimate is that it decreased 0.7 points last month to a value of 59.5, and will continue to signal economic growth as it remains above the mid-point of 50.


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