ISM manufacturing rises to 55.5, beating forecasts; September construction spending plunges 1.9% on housing (Macro data)

Financedesk view

ISM manufacturing rises to 55.5, beating forecasts; September construction spending plunges 1.9% on housing (Macro data)

ISM’s October Manufacturing PMI rose to 55.5 from 54.5 (consensus near 54.5), a 10th straight expansion month; production hit 59.0, inventories moved to 51.4, a…

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Supply chaindesk view

U.S. factories keep expanding but delays worsen: ISM PMI 55.5 as factory-gate inflation hits multi-year highs (activity)

Axios and S&P Global reported on Nov 2 that the U.S. ISM manufacturing index rose to 55.5 in October—a 10th straight expansion month—with production at its fast…

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