ISM manufacturing purchasing managers’ index rose 59.0 in October

Market news

3 November 2014

ISM manufacturing purchasing managers’ index rose 59.0 in October

The Institute for Supply Management (ISM) released its manufacturing purchasing managers' index for the U.S. The index rose to 59.0 in October from 56.6 in September, beating expectations for a decline to 56.5.

The rise was driven by the increase in new orders. The new orders index climbed to 65.8 in October from 60.0 in September.

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U.S.: ISM Manufacturing, October 59.0 (forecast 56.5)

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