Manufacturing expands for 10th straight month, but Iran war weighs heavily
The ISM index rose to 55.5, but 66% of respondents gave negative comments as inflation, tariffs and geopolitical uncertainty weighed on confidence.
10 Articles
10 Articles
US manufacturing strengthens in October, input prices stay high - Regional Media News
By Lucia Mutikani WASHINGTON, Nov 2 (Reuters) - US manufacturing activity picked up in October amid strong domestic demand, keeping inflation at the factory gate elevated. Despite the unexpected improvement reported by the Institute for Supply Management on Monday, sentiment among manufacturers remained overwhelmingly downbeat, [...]
Manufacturing Sector Expanded for 10th Straight Month in October: Industry Index
Manufacturing Sector Expanded for 10th Straight Month in October: Industry Index Economic activity in the nation’s supply chain enjoyed broad-based improvement in October, a new Institute for Supply Management (ISM) Purchasing Managers’ Index (PMI®) Report reveals.September’s gains were extended in several areas of the supply chain last month, the Institute’s latest report finds:The manufacturing sector expanded for the 10th straight month.The o…
Factory Output Hits Highest Level Since 2021 as Manufacturing Grows for 10th Straight Month
by Carl Fox at CDN The ISM manufacturing index rose to 55.5 in October, beating forecasts, as factory production climbed to its strongest reading since November 2021, though input prices stayed high and sentiment soured. Click to read the rest HERE-> Factory Output Hits Highest Level Since 2021 as Manufacturing Grows for 10th Straight Month first posted at Conservative Daily News
Manufacturing expands for 10th straight month, but Iran war weighs heavily
Increasingly negative comments from respondents also cite price vitality and trade wars in the latest Purchasing Managers’ Index from the Institute for Supply Management.
US Manufacturing PMI Rises to 55.5 in October, Extends Expansion for 10th Month
US manufacturing activity strengthened in October, beating expectations and extending its expansion streak to 10 consecutive months. Strong domestic demand and increased business investment supported factory production. However, rising input costs continued to threaten the country’s inflation...
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