US ISM manufacturing rose to 47.6, corresponds to -0.4% annualized GDP contraction

<p>US ISM Manufacturing PMI rose from 46.4 to 47.6 in August. New orders dropped from 47.3 to 46.8. Production rose from 48.3 to 50.0. Employment rose from 44.4 to 48.5. Prices rose from 42.6 to 48.4. ISM said: “This is the 10th month of contraction and continuation of a downward trend that began in June […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/516921-us-ism-manufacturing-rose-to-47-6-corresponds-to-0-4-annualized-gdp-contraction/">US ISM manufacturing rose to 47.6, corresponds to -0.4% annualized GDP contraction</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>