ISM Manufacturing index Increased to 59.3 in October

The ISM manufacturing index indicated expansion in October. The PMI was at 59.3% in October, up from 55.4% in September. The employment index was at 53.2%, up from 49.6% last month, and the new orders index was at 67.9%, up from 60.2%. From ISM: Manufacturing PMI® at 59.3%; October 2020 Manufacturing ISM® Report On Business® conomic activity in the manufacturing sector grew in October, with the overall economy notching a sixth consecutive month of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R. Fiore,......(read more)

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