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US ISM Manufacturing PMI fell to 48.2 in November from 48.7, missing expectations for 49.0 and marking the ninth straight month of contraction. New orders dropped sharply to 47.4 from 49.4. Employment deteriorated further from 46.0 to 44.0. Production was one of the few bright spots, rising from 48.2 to 51.4 and suggesting that output […]

The post US ISM manufacturing slips to 48.2, ninth straight month of contraction appeared first on ActionForex.

Canada’s November Labour Force Survey will be pivotal for judging whether recent job gains reflect genuine labour-market improvement or mere statistical noise.

The Institute for Supply Management’s (ISM) data showed the Manufacturing PMI edging lower to 48.2 in November, down from 48.7 in October and short of analysts’ expectations of 48.6.

United States ISM Manufacturing PMI below forecasts (48.6) in November: Actual (48.2)

United States ISM Manufacturing Prices Paid below expectations (59.5) in November: Actual (58.5)

• Prior month 48.7
• ISM Manufacturing PMI index xx.x vs. 49.0 expected
• Prices Paid xx.x vs 57.0 estimate. Prior month 58.0
• Employment index xx.x vs 46.0 last month.
• New orders xx.x vs 49.4 last month
• Production xx.x vs 48.2 last month
• Supplier deliveries xx.x vs 54.2 last month.
• Inventories xx.x vs 45.8 last month.
• Customer inventories xx.x vs 43.9 last month.
• Backlog of orders xx.x vs 47.9 last month
• New Export orders xx.x vs 44.5 last month
• Imports xx.x vs 45.4 last month

This article was written by Greg Michalowski at investinglive.com.

United States ISM Manufacturing New Orders Index dipped from previous 49.4 to 47.4 in November

United States ISM Manufacturing Employment Index declined to 44 in November from previous 46