Prior month at 51.9. Ties the highest level since Feb 2015
The ISM manufacturing for November came in at 53.2 versus 52.5 - higher than expectations. The reading ties the highest for the year (June 2016 also came in at 53.2). WIth the June release, it represents the highest reading since 53.3 in Feb 2015.
- prices paid 54.5 versus 54.5 estimate (and 54.5 prior)
- new orders 53.0. Higher than the prior months 52.1
- production 56.0 versus 54.6 prior
- backlog of orders 49.0 versus 45.5 prior
- supplier deliveries 55.7 versus 52.2 prior
- inventories 49.0 versus 47.5 prior
- customer inventories 49.0 versus 49.5 prior
- employment 52.3 versus 52.9 prior. Last months reading was the highest since June 2015. This month is the 2nd highest for the year
- new export orders 52.0 versus 52.5
- imports 50.5 versus 52.0
