{"id":37935,"date":"2020-12-01T22:19:19","date_gmt":"2020-12-01T18:19:19","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=37935"},"modified":"2020-12-01T22:19:22","modified_gmt":"2020-12-01T18:19:22","slug":"ism-manufacturing-pmi-declines-in-november","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/ism-manufacturing-pmi-declines-in-november\/12\/01\/market-updates\/","title":{"rendered":"ISM Manufacturing PMI Declines in November"},"content":{"rendered":"\n<p>Economic activity in the manufacturing sector in the United States expanded during November, with the overall economy notching a seventh consecutive month of growth, according to Tuesday\u2019s data by ISM.<\/p>\n\n\n\n<p>The November Manufacturing Purchasing Managers\u2019 Index (PMI) registered 57.5 percent, down 1.8% from the October reading of 59.3 percent.<\/p>\n\n\n\n<p>This is the seventh consecutive month of expansion, after contraction in April, which ended a period of 131 consecutive months of growth.<\/p>\n\n\n\n<p>The New Orders Index registered 65.1%, down by 2.8% from the October reading of 67.9%.<\/p>\n\n\n\n<p>The Production Index registered 60.8 percent, decreasing by 2.2% compared to the October reading of 63%. The Backlog of Orders Index registered 56.9%, rising by 1.2% compared to the October reading of 55.7 percent.<\/p>\n\n\n\n<p>Meanwhile, the Employment Index returned to contraction territory at 48.4%, losing 4.8 % from the October reading of 53.2%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economic activity in the manufacturing sector in the United States expanded during November, with the overall economy notching a seventh consecutive month of growth, according to Tuesday\u2019s data by ISM. The November Manufacturing Purchasing Managers\u2019 Index (PMI) registered 57.5 percent, down 1.8% from the October reading of 59.3 percent. This is the seventh consecutive month &hellip;<\/p>\n","protected":false},"author":10,"featured_media":30981,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6834],"class_list":["post-37935","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-pmi"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/37935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=37935"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/37935\/revisions"}],"predecessor-version":[{"id":38194,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/37935\/revisions\/38194"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30981"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=37935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=37935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=37935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}