Fri, Apr 24, 2026 10:02 GMT
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    HomeLive CommentsUS ISM manufacturing unchanged at 46.7, corresponds to -0.7% annualized GDP contraction

    US ISM manufacturing unchanged at 46.7, corresponds to -0.7% annualized GDP contraction

    ActionForex
    By ActionForex

    US ISM Manufacturing PMI was unchanged at 46.7 in November, missed expectation of 47.7. Looking at some details, new orders rose from 45.5 to 48.3. Production fell from 50.4 to 48.5. Employment fell from 46.8 to 45.8. Prices rose from 45.1 to 49.9.

    ISM said: “The past relationship between the Manufacturing PMI and the overall economy indicates that the November reading (46.7 percent) corresponds to a change of minus-0.7 percent in real gross domestic product (GDP) on an annualized basis.”

    Full ISM Manufacturing release here.

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