FYI: Today’s release of the latest ISM Manufacturing report for the month of October came in weaker than expected as things cooled off slightly from a strong September. Looking at the commentary section of this month’s report, though, shows two distinct themes. First, the hurricanes really had a major impact on business operations around the country (yellow highlights). Second, business activity remains strong. Most of the selected comments all indicated that business is strong and accelerating.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/ism-manufacturing-cools-from-a-hot-september/