Details of the October 2015 US ISM manufacturing PMI data report 2 November 2015
- Prior 50.2
- Employment 47.6 vs 50.0 exp. Prior 50.5
- New orders 52.9 vs 50.1 prior
- Prices paid 39.0 vs 38.0 exp. Prior 38.0
- Exports 47.5 vs 46.5 prior
- Imports 47.0 vs 50.5
Not good news on employment and that could take some of the positives from the fact that new orders were higher, and the headline kept above contraction, despite falling vs September. Better exports but they remain in contraction also. Imports sink below 50.0
It's a mixed bag and overall there's more bad news than good. The fact it held above contraction may take some of the negativity away. Inventories were cited as one of the big reasons for the low GDP numbers and they're off more this month. The comments are a variable too
ISM details
Comments
USDJPY managed a 15 pip gain from 120.50 as it chewed through the details
US ISM manufacturing PMI
