US Manufacturing ISM

Economic activity in the manufacturing sector expanded in January for the eighth consecutive month, and the overall economy grew for the 56th consecutive month. At the same time the manufacturing ISM dropped by its most since 2008. The regional business surveys did not change much in January versus December but new orders collapsed at the fastest pace since December 1980. Going forward, there will probably be a lot of focus on the inventory cycle and the inventory build seen i Q3 and Q4.

Manufacturing ISM

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