Wednesday, November 20, 2019

PURCHASING MANAGERS INDEX

Manufacturing contracted in October, as the PMI® registered 48.3 percent, an increase of 0.5 percentage point from the September reading of 47.8 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.

Source: Institute for Supply Management - Manufacturing Report on Business - www.ism.ws

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