November 2018 US ISM manufacturing PMI 3 December 2018
- ISM manufacturing PMI 59.3 vs 57.6 exp Prior 57.7
- Prices paid 60.7 vs 70.0 exp. Prior 71.6
- Employment 58.4 vs 56.5 exp. Prior 56.8
- New orders 62.1 vs 57.4 prior
Good numbers but that inflation component is going to keep feet on the ground. USDJPY is up a touch but not doing much elsewhere.
Some of the comments highlight tariffs and staffing issues but the tariffs issue doesn’t seem to be too impacting, given the drop in prices.