Economic activity in the manufacturing sector expanded in October for the 10th consecutive month, the Institute for Supply Management said in its most recent ISM Manufacturing PMI Report.
Manufacturing PMI registered 55.5% in October, one percentage point above the September figure of 54.5%, according to the report. A Manufacturing PMI above 47.5%, over a period of time, generally indicates an expansion of the overall economy.
Twelve manufacturing industries reported growth in October while three reported contraction.









