US manufacturing crushed expectations in November

Dec 05, 2016

US manufacturing was stronger than expected in November, although the strong dollar remains a headache for producers in the sector.

The Institute of Supply Management and Markit Economics released their monthly reports on US manufacturing on Thursday.

The ISM purchasing manager's index (PMI) rose to 53.2 in November (52.5 expected.) Regional data received over the past month suggested improvement in the sector and had pointed to a strong national reading.

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