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- U.S ISM manufacturing PMI registered 59.7 percent, an increase of 1.5 percentage points in December
U.S ISM manufacturing PMI registered 59.7 percent, an increase of 1.5 percentage points in December
"The December PMI registered 59.7 percent, an increase of 1.5 percentage points from the November reading of 58.2 percent. The New Orders Index registered 69.4 percent, an increase of 5.4 percentage points from the November reading of 64 percent. The Production Index registered 65.8 percent, a 1.9 percentage point increase compared to the November reading of 63.9 percent. The Employment Index registered 57 percent, a decrease of 2.7 percentage points from the November reading of 59.7 percent. The Supplier Deliveries Index registered 57.9 percent, a 1.4 percentage point increase from the November reading of 56.5 percent", says Timothy R. Fiore, Chair of the Institute for Supply Management (ISM).
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