US January ISM Manufacturing in Contraction for 15th Straight Month but Picks Up Toward Growth on Unexpected Jump in New Orders, Stable Output
–ISM Manufacturing Index 49.1 Vs. Downwardly Revised 47.1 in December–ISM’s Fiore: This Could be Beginning of Growth–Fiore: Still Bullish Main Index Will Go Above Neutral Line of 50 in March–Fiore: Customer Inventories Still Too Low, Positive for Future New Orders–Fiore: Member Firms Generally Agree to Pay Higher Prices in January By Max Sato (MaceNews) – […]