The October ISM manufacturing index registered 50.2, narrowly beating expectations of a 50.0 print. The index fell 0.7 percentage points from the September’s reading of 50.9. New orders rose by 2.1 percentage points to 49.2, while new export orders fell 1.3 percentage points to 46.5. The backlog of orders sub-index came in at 45.3, falling […]

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