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US ISM Manufacturing Jumps to 55.5 as Production Surges, But Price Pressures Persist
US manufacturing activity expanded at a faster-than-expected pace in October, with ISM Manufacturing PMI rising from 54.5 to 55.5, beating expectations of 54.7 and extending the sector’s expansion to ten consecutive months. The strongest improvement came from production, with the index climbing from 56.7 to 59.0, its highest reading since November 2021. New orders increased […] The post US ISM Manufacturing Jumps to 55.5 as Production Surges, But Price Pressures Persist appeared first on ActionForex .
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