US ISM Manufacturing: Activity should remain strong – Well Fargo By MSalordFX Manufacturing UnitedStates Banks
int out that despite these headwinds, the ISM manufacturing report continued to signal incremental thawing of supply problems. They expect activity to remain strong.“While current activity was weaker amid a 1.2 point drop in the production component, the 3.1 point decline in new orders suggests some pullback in demand as well. The declines in January brought both of these components to their lowest levels in over a year and a half, signaling weaker activity in the sector.
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