US industrial activity index drops to 50.1 in October

US industrial activity index drops to 50.1 in October

The US Industrial Activity Index prepared by the Institute for Supply Management (ISM) fell from 50.2 in September to 50.1 in October.The number...

The US Industrial Activity Index prepared by the Institute for Supply Management (ISM) fell from 50.2 in September to 50.1 in October.The number, however, came above the estimate of analysts polled by Dow Jones Newswires at 49.9.New orders reading advanced from 50.1 in September to 52.9 in October in the survey, while falling from 48.5 to 46.5.The reading of jobs, in turn, fell from 50.5 in September to 47.6 in October and the output from 51.8 in September to 52.9 in October.Source: Dow Jones Newswires. ...


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