PMI™ at 49.5%; New Orders and Production Growing; Employment and Inventories Contracting; Supplier Deliveries Slowing
Economic activity in the manufacturing sector contracted in November following two months of modest expansion, while the overall economy grew for the 42nd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.
NMI™ at 54.7%; Business Activity Index at 61.2%; New Orders Index at 58.1%; Employment Index at 50.3%
Economic activity in the non-manufacturing sector grew in November for the 35th consecutive month, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.