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US industrial PMI declines unexpectedly

October, 01 2020

According to the US Institute for Supply Management (ISM), the US Manufacturing Index (ISM Manufacturing) fell to 55.4% in September from 56% in August. Analysts had expected the indicator to rise to 56.4%.

In addition, the US service sector employment index rose to 49.6% in September from 46.4% in August. Experts had expected a decline to 45.8%.

Stock market analytics, financial forecasts

US industrial PMI declines unexpectedly

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