 US ISM Manufacturing PMI dropped from 49.0 to 48.4 in December, below expectation of 48.6. Thats the lowest level since Mary 2020. Looking at some details, new orders dropped from 47.2 to 45.2. Production dropped from 51.5 to 48.4. Employment rose from 48.4 to 51.4. Prices dropped from 43.0 to 39.4. ISM said: The past ... The post US ISM manufacturing fell to 48.4, corresponds to -0.1 contraction in GDP appeared first on Action Forex... 