U.S. manufacturing sector slumps further in November: ISM
By Greg Robb
Published: Dec 2, 2019
Data fall below expectations in fourth straight month of contraction
The numbers: The Institute for Supply Management said its manufacturing index sank to 48.1% in November from 48.3% in October. Economists surveyed by MarketWatch had forecast the index would register a reading of 49.2%.
This is the fourth straight sub-50 reading. Readings below 50% indicate business conditions are getting worse.
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