Manufacturing contracted in October, PMI® at 48.3%

November 11, 2019 4:11 pm

October’s PMI® registered 48.3 percent, an increase of 0.5 percentage point from the September reading of 47.8 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.

Read the full report here.

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