In November, the ISM manufacturing index (PMI) rose 1.9 percentage points to 52.7%, which represents its highest level since June, and beating market expectations that had the index rising to 51.8%. With the current reading, the index has stayed above the 50% threshold, which indicates the manufacturing sector is expanding, for the 28th consecutive month. The rebound over the previous month was broad-based, with important advances in production, customers' inventories and new orders. Furthermore, according to the ISM, respondents are ?cautiously more optimistic about the next few months based on lower raw materials pricing and favorable levels of new orders", despite concerns about the global economic environment, government regulations and the European debt crisis.
United States PMI
Manufacturing PMI jumps to highest level since June
December 1, 2011
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United States Economic News
United States: Clinton’s lead over Trump widens but presidential election results are still uncertain
October 20, 2016
Only a few weeks ahead of the 8 November presidential elections, major polls suggest that Hillary Clinton has extended her lead over Donald Trump, but the presidential race will be decided in the most fiercely contested states.
October 14, 2016
In September, nominal retail sales expanded 0.6% over the previous month.
October 7, 2016
Non-farm payrolls grew 156,000 in September, which came in below August’s upwardly-revised increase of 167,000 (previously reported: +151,000).
October 3, 2016
The ISM manufacturing index increased more than expected in September and returned to expansionary territory, after a temporary setback in August.
September 27, 2016
The S&P/Case-Shiller 20-city home composite index rose 0.6% in July over the previous month.