US ISM manufacturing dipped to 57.6, corresponds to 3.1% annualized GDP growth

<p>US ISM Manufacturing index dropped -1.2 pts to 57.6 in January, slightly better than expectatio nof 57.5. New orders dropped -3.1 to 57.9. Production dropped -1.6 to 57.8. Employment rose 0.6 to 54.5. Prices rose 7.9 to 76.1. ISM said: “The past relationship between the Manufacturing PMI and the overall economy indicates that the Manufacturing […]</p>
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