ISM Manufacturing index decreased to 48.2 in December

The ISM manufacturing index indicated contraction in December. The PMI was at 48.2% in December, down from 48.6% in November. The employment index was at 48.3%, down from 51.3% in November, and the new orders index was at 49.2%, up from 48.9%. From the Institute for Supply Management: December 2015 Manufacturing ISM® Report On Business® Economic activity in the manufacturing sector contracted in December for the second consecutive month , while the overall economy grew for the 79th consecutive month, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. The......(read more)

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