But also the important non-manufacturing ISM. The US is the ultimate service economy, so this number is more important than the ISM manufacturing report in many ways. 53.0 is the consensus forecast, unchanged from December. That figure comes out at 15:00 GMT.
The other monkey wrench that could be thrown into the works is the benchmark revision to the 2011 employment data. That’s where the Labor department replaces all of last years phony data with a brand-new phoney number.