US October ISM Manufacturing in Contraction for 7th Straight Month as New Orders Remain Sluggish amid Jitters Over Potentially Inflationary Economic Policy Post Election

–ISM Manufacturing Index at 46.5 vs. 47.2 in September, Below Median Forecast of 47.6 –ISM’s Fiore: ISM Index Likely to Pick Up Above Neutral Line of 50 in February 2025 –Fiore: Hurricanes Had Temporary, Limited Impact, Hampering Some Output, Lifting Costs –Fiore: Right-Sizing Workforce Across Industries Continues By Max Sato (MaceNews) – U.S. manufacturing activity […]