U.S. Manufacturing Activity Expands for 10th Straight Month in October

U.S. manufacturing activity expanded for a 10th consecutive month in October, as the Institute for Supply Management’s (ISM) headline index rose to 55.5% ahead of the midterm elections and jobs report. The Manufacturing PMI increased 1 percentage point from September’s 54.5%. The October reading was released at 10 a.m. ET (1500 UTC) Monday, Nov. 2. The PMI adds a new economic reading to a week of events covered in TokenPost’s earnings and midterm calendar . The midterm elections are Tuesday, Nov. 3, and the October Employment Situation is scheduled for Friday, Nov. 6, at 8:30 a.m. ET (1330 UTC).

Source: TokenPost