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Richmond Fed President Thomas Barkin commented that unlike a traditional factory moving into a community and engaging in local programs and baseball teams, data centers do not have the same type of local engagement.
The Day Ahead preview flags expected US PCE inflation, second-quarter GDP, ADP payrolls and the advance goods trade balance. It also lists remarks from several Federal Reserve officials and upcoming earnings from Micron Technology and Conagra Brands.
US labor market data will dominate the week, with Friday's payrolls report expected to show 100,000 jobs added in September. Micron, Nike and several Fed officials are also on the calendar.