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US manufacturing rebounds in January

tIUguy2

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May 25, 2016
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https://www.cnbc.com/2020/02/03/ism-manufacturing-index-january-2020.html

  • The Institute for Supply Management (ISM) said on Monday its index of national factory activity increased to a reading of 50.9 last month, the highest level since July, from an upwardly revised 47.8 in December.
  • The improvement in the ISM data likely reflects ebbing trade tensions between the United States and China. Washington and Beijing signed a Phase 1 trade deal last month.
  • The improvement in ISMs closely watched national survey follows a series of mixed readings on the manufacturing sector at the regional level.
 
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