Trademagazin > News and articles > Market News > The ISM index expanded further, the world's largest economy is slowly recovering
The ISM index expanded further, the world's largest economy is slowly recovering
The U.S. manufacturing purchasing manager's index, that indicates the performance of the manufacturing industry increased to 57 points in December, in line with expectations, from the 56.6 points of November.
The employment partial data decreased to 55.7 points from 57.5 points. This lowest level data, has not seen since March is not favorable. However, the new orders index improved to 60.9 points from 56.6 points, which is beneficial for future processes. The price index rose to 72.5 points from 69.5 points – reports tozsdeforum.hu.
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