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BREAKING: ISM Manufacturing PMI slightly below expectations

4:05 PM 2 March 2020
The latest ISM Manufacturing PMI in the U.S. stood at 50.1 - slightly below market expectations (est. 50.5). The figure indicates a modest decline compared with the last reading (50.9). At the same time Manufacturing Employment stood at 46.9 (est. 47.5). ISM Manufacturing Prices showed 45.9 points (est. 50.8) while ISM Manufacturing New Orders fell to 49.8 points (est. 50.8) All in all, the recent data does show a minor decline in the manufacturing sector in the U.S. These figures are not catastrophic, though (bearing in mind the coronavirus impact).
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