US Factory Activity The IHS Markit US Manufacturing PMI edged up to 53 in September from 52.8 in August, matching expectations,
Market Trends

US Factory Activity Growth Slows Month 2 and counting

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.

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). On the other hand, faster increases were seen for new orders (64 from 63.4) and production (63.9 from 61); backlogs of orders were flat (at 55) and price pressures eased (65.5 from 68.5).
US Factory Activity The IHS Markit US Manufacturing PMI edged up to 53 in September from 52.8 in August, matching expectations,

US Factory Activity

 
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Of the 18 manufacturing industries, 14 reported growth in November, in the following order: Paper Products; Machinery; Transportation Equipment; Computer & Electronic Products; Nonmetallic Mineral Products; Plastics & Rubber Products; Printing & Related Support Activities; Food, Beverage & Tobacco Products; Electrical Equipment, Appliances & Components; Chemical Products; Furniture & Related Products; Fabricated Metal Products; Miscellaneous Manufacturing; and Primary Metals. Two industries reported contraction during the period: Wood Products; and Petroleum & Coal Products.

 
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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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Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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