Manufacturing will be in focus, with industrial production, business inventories and Empire State data set to be released between Wednesday and Friday.
The U.S. manufacturing sector has lagged over the last year, oscillating between barely expanding and contracting. That's because demand has pulled back in recent months on slow economic growth overseas and worries over the federal budget mess in Washington.
Reports on the consumer will also come into play with retail sales and Michigan sentiment slated for Wednesday and Friday respectively.
Trade data will be released on Wednesday, with import and export prices due out.
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In corporate news, earnings season will continue to roll on, with Goodyear(GT), Coca-Cola(KO), Deere(DE), General Motors(GM), PepsiCo(PEP), McGraw-Hill (MHP)and Michael Kors(KORS) expected to report throughout the week.
Overall, quarterly results have been better than expected. Of the roughly 300 companies in the S&P 500 that have reported results so far, about two-thirds have beat analysts' forecasts, according to S&P Capital IQ.