US Factory Activity Growth Slows Month 2 and counting
- Manufacturing PMI in the US fell to 58.2
- below market expectations of 58.4
slowing growth in factory activity after reaching a 13-year high of 60.8
US Factory Activity – A slowdown was recorded for employment (59.7 from 59.8), supplier deliveries (56.5 from 61.4) and new export orders (56 from 56.5) while inventories shrank more (47 from 48).
The Institute for Supply Management’s Manufacturing PMI in the US fell to 58.2 in November of 2017 from 58.7 in October and below market expectations of 58.4. The reading pointed to the second consecutive month of slowing growth in factory activity after reaching a 13-year high of 60.8 in September. Employment and export orders eased and inventories contracted more.
US Factory Activity
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A few currencies, like cryptocurrencies, Bitcoin, Dogecoin and other online currencies and branded currencies are not tied to any usa. Branded currencies, like airline and credit card points, or in-recreation credit are valued on the subject of the price of the products or offerings they’re tied to. Manipulate over virtual currencies is totally decentralized, and the exchange price of a virtual foreign money can vary extensively in a quick time frame.
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