US ISM manufacturing ticked up to 46.4, 9th month of contraction

<p>US ISM Manufacturing PMI rose slightly from 46.0 to 46.4 in July, below expectation of 46.5. Looking at some details, new orders rose from 45.6 to 47.3. Production rose from 46.7 to 48.3. Employment dropped notably from 48.1 to 44.4. Prices rose from 41.8 to 42.6. ISM said: “This is the ninth month of contraction […]</p>
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