The August ISM Manufacturing index was unchanged in August at 52.8, beating expectations for a pullback to 51.9. New orders rose by 3.3 percentage points to 51.3, while new export orders fell by 3.2 percentage points to 49.4. The backlog of orders sub-index came in at 53.0, rising 1.7 percentage points from July’s 51.3 print. […]
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