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US September ISM manufacturing PMI 49.0 vs 47.8 expected

US September ISM manufacturing PMI 49.0 vs 47.8 expected
Prior report 47.6Prices paid 43.8 vs 48.6 expected. Last month 48.4Employment 51.2 vs 48.3 expected. Last month 48.5New orders 49.2 vs 46.8 priorInventories 45.8 vs 44.0 priorProduction 52.5 vs 50.0 priorI've been writing for awhile about green shoots in manufacturing and that's increasingly showing up in the data now. There has been an outright recession in manufacturing over the past year but inventories have gotten extremely lean and demand has held up better than feared. There's a very g... Read More
Posted: Oct 2 2023, 14:00
Author Name: forexlive
Views: 112460

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