The manufacturing sector cannot catch a break, first it was a trade war, next came the pandemic, now it is dealing with broken supply chains that have thwarted production. During the week ahead we will get more insights on the manufacturing sector and the psyche of managers when the Markit PMI and ISM manufacturing surveys are released.
Additionally, the March jobs report will be released on Friday and will be widely watched as vaccinations ramp up and business’ transition to “normal” operations. The belief is that we are a long ways from full employment, so a beat on the upside could surprise many.
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