The Housing Chronicles Blog: October manufacturing sector index dips 2.1 points from September to 58.7

Wednesday, November 1, 2017

October manufacturing sector index dips 2.1 points from September to 58.7

The October PMI® registered 58.7 percent, a decrease of 2.1 percentage points from the September reading of 60.8 percent. Comments from the panel reflect expanding business conditions, with new orders, production, employment, order backlogs and export orders all continuing to grow in October, supplier deliveries continuing to slow (improving) and inventories contracting during the period.

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