Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

U.S manufacturing disappointed in November

The Institute for Supply Management (ISM) manufacturing index in the United States contracted by 1.5 points to 48.6 in November. 

The index turned into negative reading for first time since November 2012 when Global manufacturing PMI in Euro zone increased to 52.8. The headline number was below markets' expectation.

Meanwhile, online shopping with Cyber Monday has been increased in United States, it is increased to 18.1 percent against 8.1 percent last year, notes Voya Global Perspectives.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.