US PMI at 48.1%; GDP Growing at 1.5%; November Manufacturing ISM Report On Business
From prnewswire.com
Economic activity in the manufacturing sector contracted in November, and the overall economy grew for the 127th consecutive month, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: "The November PMI® registered 48.1 percent, a decrease of 0.2 percentage point from the October reading of 48.3 percent. The New Orders Index registered 47.2 percent, a decrease of 1.9 percentage points from the October reading of 49.1 ...
(full story)