ISM-Index USA (Nov. 2018)
Economic activity in the manufacturing sector expanded in November 2018, and the overall economy grew for the 115th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business. Manufacturing expanded...
...in November, as the PMI registered 59.3 %, an increase of 1.6 percentage points from the October reading of 57.7 %. This indicates growth in manufacturing for the 27th consecutive month, led by strong new orders, production output and continued slowing supplier delivery performance. A reading above 50 % indicates that the manufacturing economy is generally expanding; below 50 % indicates that it is generally contracting.
As mentioned before, the November PMI registered 59.3 %. The New Orders Index registered 62.1 %, an increase of 4.7 percentage points from the October reading of 57.4 %. The Employment Index registered 58.4 %, an increase of 1.6 percentage points from the October reading of 56.8 %.