The ISM manufacturing index indicated contraction in November. The PMI was at 48.1% in November, down from 48.3% in October. The employment index was at 46.6%, down from 47.7% last month, and the new orders index was at 47.2%, down from 49.1%.From the Institute for Supply Management: November 2019 Manufacturing…

ISM Manufacturing index Decreased to 48.1 in November