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ISM Manufacturing Index Posts Fourth Consecutive Contractionary Print Amid Challenging Conditions

The February ISM manufacturing index registered 47.7, slightly below expectations calling for a 48.0 print. The index rose 0.3 percentage points (pp) from January’s reading of 47.4. New orders rose 4.5 pp to 47.0, while new export orders were relatively flat, rising slightly to 49.9. The backlog of orders sub-index rose to 45.1, up 1.7 […] The post ISM Manufacturing Index Posts Fourth Consecutive Contractionary Print Amid Challenging Conditions appeared first on Action Forex... Read More

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Posted: Mar 1 2023, 15:45

Author Name: actionforex

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