Daily News
View All NewsISM manufacturing index little changed in November
December 01, 2014
The Institute for Supply Management’s purchasing managers’ index for US manufacturing edged down slightly to a reading of 58.7 in November from October’s reading of 59.0.
Readings above 50 indicate growth; November’s index indicates continued expansion in manufacturing at a rate similar to October.
Bloomberg reports November’s reading is the second-strongest level since April 2011 and exceeded its forecast.