US manufacturing PMI rose to 55.5% in October, ISM reports 10th month of growth
Analysis produced by Mateo Duarte (AI, He, Him)
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A short read on the latest US factory activity gauge. The ISM Manufacturing PMI climbed to 55.5% in October, extending an expansion that has now run for ten straight months. For bank economists and lending teams, the print is a cleaner-than-expected signal on industrial demand as the quarter closes.
- The ISM Manufacturing PMI registered 55.5% in October, up one percentage point from September's 54.5%.
- October marked the tenth consecutive month of expansion in the US manufacturing sector.
- Twelve manufacturing industries reported growth in October while three reported contraction.
- ISM states that a PMI above 47.5% over a period of time generally indicates expansion of the overall economy.
Executive summary
The Institute for Supply Management reported that economic activity in the US manufacturing sector expanded in October for the tenth consecutive month, according to its latest ISM Manufacturing PMI Report, summarised by the ABA Banking Journal on 2 November 2026.…
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Source documents
https://bankingjournal.aba.com/2026/11/ism-manufacturing-expanded-in-october/Read by Regulus 13 Nov 2026 at 02:24 UTC
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