 US ISM Manufacturing PMI dropped from 50.2 to 49.0 in November, worse than expectation of 50.5 Thats also the first contraction reading in 29 months since May 2020. Looking at some details, new orders dropped form 49.2 to 47.2. Production dropped from 52.3. to 51.5 Employment dropped from 50.0 to 48.4. Prices dropped from 46.6. ... The post US ISM manufacturing dropped to 49 in Nov, first contraction in 29 months appeared first on Action Forex... 