ISM manufacturing dropped to 49.1, weak orders, production, employment, and supply problems

<p>ISM Manufacturing PMI dropped -1.0 from 50.1 to 49.1, above expectation of 44.3. Looking at some details, new orders plunged -7.6 from 49.8 to 42.2. Production dropped -2.6 from 50.3 to 47.7. Employment dropped -3.1 from 46.9 to 34.8. Supplier deliveries was the main component that kept headline PMI down slightly, up 7.7 from 65.0 […]</p>
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