WASHINGTON -- The Institute of Supply Management on Monday morning is expected to release data showing an improved June manufacturing index, and on Friday, the Labor Department is expected to report a stable unemployment rate.

The numbers, if accurate, suggest the economy is recovering after a first quarter dip.

According to a survey of economists, the June ISM manufacturing index was 55.5%, signaling an expansion over May (55%).

The June employment rate is expected to hold steady at 4.5%.

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