Up from 46.5 in October and better than Reuters’ median forecast of 46.0.
Manufacturing PMI 46.4, down from 47.1 in October, pretty much in line with Reuters’ median forecast of 46.5. Lowest read since July 2009.
On a more positive note, services PMI up at 47.8 from 46.4 in October, better than Reuters’ median forecast of 46.0.
