Otmane El Rhazi from Investors.com.
Manufacturing activity was brisker than expected in Oct., the Institute for Supply Management said. Its overall PMI touched 59, rebounding 2.4 points from a Sept. pullback that followed the best month since early 2011. New orders led the way, surging 5.8 points from an already strong reading to 65.8. Production added 0.2 point to touch 64.8, and employment rose nearly a full point to 55.5. But the PMI also got a boost from softer price pressures....
Manufacturing activity was brisker than expected in Oct., the Institute for Supply Management said. Its overall PMI touched 59, rebounding 2.4 points from a Sept. pullback that followed the best month since early 2011. New orders led the way, surging 5.8 points from an already strong reading to 65.8. Production added 0.2 point to touch 64.8, and employment rose nearly a full point to 55.5. But the PMI also got a boost from softer price pressures....
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