U.S. ISM Manufacturing PMI contracts at slower rate

U.S. ISM Manufacturing PMI contracts at slower rate in December
U.S. ISM Manufacturing PMI rose to 49.3 in December from 48.4 in November, surpassing the 48.2 consensus, according to Institute for Supply Management data released on Friday. With the index still trailing 50,
Manufacturing contracts in December, reports ISM, but prospects are positive for 2025
The report’s benchmark reading, the PMI, at 49.3 (a reading of 50 or higher indicates growth), rose 0.9% over November’s 49.3, with the PMI contracting for the ninth consecutive month and the 25th time in the last 26 months.
US ISM Manufacturing PMI improves to 49.3 in December vs. 48.4 expected
The business activity in the US manufacturing sector continued to contract, albeit at a softening pace in December, with the ISM Manufacturing PMI rising to 49.3 from 48.4 in November. This reading came in better than the market expectation of 48.4.
U.S. Manufacturing Index Indicates Modestly Slower Contraction In December
Manufacturing activity in the U.S. contracted at a slower rate in the month of December, according to a report released by the
US Manufacturing Contraction Improved In December
A monthslong US manufacturing slump lessened last month, according to better-than-expected survey data published Friday, as demand showed signs of improving.
December Manufacturing Contraction Slows, ISM Data Show
The US manufacturing sector's contraction improved in December as demand grew, the Institute for Supply Management's survey showed Friday. The ISM purchasing managers' index rose to 49.3 last month, its highest level since March,
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