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ISM Manufacturing index increases in September to 51.5
ISM Manufacturing index increases in September to 51.5
by Bill McBride
The ISM index indicated expansion after three consecutive months of contraction. PMI was at 51.5% in September, up from 49.6% in August. The employment index was at 54.7%, up from 51.6%, and the new orders index was at 52.3%, up from 47.1%.
<...>
This was above expectations of 49.7% and suggests manufacturing expanded in September. The internals were positive too with new orders and employment increasing.
http://www.calculatedriskblog.com/#OtOFtwZXo5kJPZ7U.99
by Bill McBride
The ISM index indicated expansion after three consecutive months of contraction. PMI was at 51.5% in September, up from 49.6% in August. The employment index was at 54.7%, up from 51.6%, and the new orders index was at 52.3%, up from 47.1%.
<...>
This was above expectations of 49.7% and suggests manufacturing expanded in September. The internals were positive too with new orders and employment increasing.
http://www.calculatedriskblog.com/#OtOFtwZXo5kJPZ7U.99