US ISM Manufacturing PMI Hits 54.5%, Below 54.8% Forecast

U.S. manufacturing activity expanded again in September, although growth eased slightly from August. The ISM Manufacturing PMI reached 54.5%, below the 54.8% forecast and August’s 54.6% reading. Ad Ad US Manufacturing Remains in Expansion The Institute for Supply Management reported manufacturing growth for a ninth-straight month. PMI readings above 50% indicate growth, and below that