The ISM manufacturing index indicated contraction in December. The PMI was at 47.2% in December, down from 48.1% in November. The employment index was at 45.1%, down from 46.6% last month, and the new orders index was at 46.8%, down from 47.2%.From the Institute for Supply Management: December 2019 Manufacturing…

ISM Manufacturing index Decreased to 47.2 in December, Fifth Consecutive Month of Contraction