Economic activity in the manufacturing sector contracted in October, reports ISM

New Orders, Production, and Employment Contracting Supplier Deliveries Faster from Slower; Backlog Contracting Raw Materials Inventories Contracting; Customers’ Inventories Too Low Prices Decreasing; Exports Growing, but Imports Contracting “Comments from the panel reflect an improvement from the prior month, but sentiment remains more cautious than optimistic. October was the third consecutive month of PMI® contraction, at […]