Wall Street will kick off a busy week for data on Monday, with the latest manufacturing Institute for Supply Management (ISM) index due at 10 a.m. ET.
The index is seen reading 52.0 for February, up from 51.3 in January but below its six-month average of 55.6. Any reading above 50 indicates a sector expansion.
Economic data ahead of the open had personal income climbing 3 percent and spending up 0.4 percent in January.
In addition, there is construction spending at 10 a.m. and auto and truck sales at 2 p.m.
"We are looking for construction spending to decline by 0.5 percent in January, with modest declines in private residential and non-residential components and in both federal and state and local government. To some extent, this is likely to reflect negative weather effects, highlighted in the sharp drop in housing starts during the month," said Joey Chew and Guillermo Felices of Barclays Research in a morning note.