By Jill Mislinski
Today, the Institute for Supply Management published its monthly Manufacturing Report for October. The latest headline Purchasing Managers Index ((PMI)) was 48.3, an increase of 0.5 percent from 47.8 the previous month. Today's headline number was below the Investing.com forecast of 48.9 percent.
Here is the key analysis from the report:
"The October PMI registered 48.3 percent, an increase of 0.5 percentage point from the September reading of 47.8 percent. The New Orders Index registered 49.1 percent, an increase of 1.8 percentage points from the September reading of 47.3 percent. The Production