FYI: After a two-month pullback from the highest levels of the cycle, the ISM Manufacturing report for December showed a nice rebound. While economists were forecasting the headline number to come in at 58.2, which would have been unchanged from November, the actual reading came in at 59.7, and that’s the third highest monthly reading of the recovery.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/ism-manufacturing-back-near-cycle-highs/