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U.S. Manufacturing Index Indicates Continued Contraction In November

Por: RTTNews Business December 01, 2023

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The Institute for Supply Management released a report on Friday showing a continued contraction in U.S. manufacturing activity in the month of November.The ISM said its manufacturing PMI came in at 46.7 in November, unchanged from October, with a reading below 50 indicating a contraction. Economists had expected the index to inch up to 47.6.The unchanged reading came as the new orders index rose to 48.3 in November from 45.5 in October, but the... + full article



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