5 Key Economic Events this Week and Why:

ISM Manufacturing PMI data on Monday: An important leading indicator of economic activity, it provides insight into the health of the manufacturing sector, which is a key driver of overall economic growth

JOLTs jobs data on Tuesday: Provides insight into the state of the labor market and provides insight into future employment trends

ISM Services PMI data on Wednesday: an important leading indicator of economic activity, in understanding the overall health of the economy

Jobless Claims data on Thursday: an important leading indicator, it provides insight into the health of the labor market and can provide insight into future employment trends

March jobs report on Friday: provides insight into the overall health of the labor market and can affect monetary policy decisions (a strong jobs report indicates that the economy is growing and that businesses are hiring)