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United States ISM Manufacturing PMI below forecasts (49.5) in October: Actual (48.7)

United States ISM Manufacturing Prices Paid registered at 58, below expectations (61.7) in October

United States ISM Manufacturing Prices Paid registered at 58, below expectations (61.7) in October
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US ISM Manufacturing PMI declines to 48.7 in October vs. 49.5 expected

The economic activity in the United States' (US) manufacturing sector continued to contract in October, with the Institute for Supply Management's (ISM) Manufacturing Purchasing Managers' Index (PMI) dropping to 48.7 from 49.1 in September.
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