ISM Manufacturing Index: 44.8 in June vs. 45 consensus, its 17th consecutive month of contraction. Petroleum & Coal Products and Printing & Related Support Activities reported growth. Apparel, Leather & Allied Products, and Furniture led the laggards.
ISM Manufacturing Index: 44.8 in June vs. 45 consensus, its 17th consecutive month of...
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Last month, there was reason for optimism owing to an increase in new orders which led to an increase in manufacturing this month, the activity largely responsible for the months gain. Unfortunately, new orders fell in June and are now contracting