ISM October report reveals irony of US trade policies

The latest monthly report by the Institute for Supply Management (ISM) confirms the American manufacturing sector continued to contract for another month.

October marked the eighth consecutive month of contraction in the manufacturing sector following two months of modest expansion. The ISM manufacturing PMI decreased by 0.4 percentage points to 48.7% in October, down from 49.1% in September.

economy
ISM Manufacturing Index
ISM PMI
Manufacturing

Kristen DiLandro

Kristen DiLandro is a reporter for Steel Market Update. Kristen focuses on the micro and macro steel market conditions informing North American spot prices. Following her agency career in advertising, she attained an MFA in Writing from Savannah College of Art and Design. Kristen can be reached at kristen@steelmarketupdate.com or 724-221-8143.