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💠United States Manufacturing PMI The S&P Global Flash US Manufacturing PMI rose to 48.8 in November 2024, up from 48.5 in October, in line with expectations. Despite the fifth consecutive month of contraction in the sector, the pace of decline slowed to its slowest since July. Production fell sharply, but other PMI components showed improvement, with new orders declining at a slower rate and employment rising for the first time in four months. Inventories decreased at a slower pace, while suppliers’ delivery times lengthened to their longest in 25 months, partly due to increased purchasing ahead of potential tariffs. 🔗Read more 🫶 @OtetMarkets_en
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