FXstreet.com (Barcelona) - Manufacturing activity has decreased in the US in September, for the first time in the last ten months, according to the latest Manufacturing ISM report.
Manufacturing PMI decreased to 47.7 in December from 50.8 in November. This is the first time since January 2007 that manufacturing activity fails to grow.
New orders decreased to 45.7 from 52.6 in November, while the production index fell to 47.3 in December, from 51.9 in November, while the employment index increased slightly to 48.0 from 47.8 in November. Inventories contracted again, to 4.5 in December from 46.9 in November.