ISM Index Falls to 54.4 from 56.3 – Analyst Blog
The Institute For Supply Management’s (ISM) manufacturing index fell to 54.4 in September from 56.3 in August. In July it was at 55.5. This was a minor negative surprise as the consensus had been looking for the index to fall to 54.8. This is a “magic 50 index” where any reading over 50 indicates that [...] ISM Index Falls to 54.4 from 56.3 – Analyst Blog
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