The Institute for SupplyHow much sellers are willing to offer at a given price. More eager sellers can lean on price.Read More Management reported on 2 November that its US Manufacturing PMI rose to 55.5 in October 2026 from 54.5 in September, beating a 54.5 consensus forecast. The reading marked a tenth straight month of expansion in US manufacturing. New orders and production expanded, while the prices-paid index remained elevated at 75.2 despite easing from 77.9. The survey is a diffusion index of reported business conditions, not a direct measurement of manufacturing output or an announced Federal ReserveFederal Reserve refers to the Federal Reserveis the central bank of the United States. The term belongs in Level 7 because it helps connect macro conditions, policy, or another...Read More policy change.
US manufacturing activity strengthened in October 2026, with the ISM Manufacturing PMI rising to 55.5 from 54.5 in September, exceeding economists' expectations. The reading marked the sector's tenth consecutive month of expansion, supported by growth in new orders and production. Meanwhile, the prices-paid index eased to 75.2 from 77.9 but remained elevated, signalling persistent input-cost pressures. The results suggest resilient manufacturing conditions alongside ongoing InflationA broad rise in prices that reduces money’s purchasing power. Central banks watch inflation because it affects interest-rate decisions.Read More concerns ahead of future Federal Reserve policy decisions.
