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ISM Rises To 48.3% But Manufacturing Still Contracting

Posted on November 1, 2019 by jon95492

The Institute for Supply Management said its manufacturing index edged up to 48.3% in October from a 10-year low of 47.8%, but it remained in contractionary territory for the third month in a row. The last time that happened was in 2015 during a downturn in the oil patch.

See report here.

Source: ISM

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