Thursday, November 1, 2018

ISM Manufacturing index decreased to 57.7 in October

The ISM manufacturing index indicated expansion in October. The PMI was at 57.7% in October, down from 59.8% in September. The employment index was at 56.8%, down from 58.8% last month, and the new orders index was at 57.4%, down from 61.8%. From the Institute for Supply Management: October 2018 Manufacturing ISM® Report On Business® Economic activity in the manufacturing sector expanded in October, and the overall economy grew for the 114th consecutive month, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R.......(read more)
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