Manufacturing Activity Contracts for 12th Straight Month, With Ongoing Decreases in New Orders

The October Manufacturing PMI® registered 46.7%, indicating overall manufacturing contraction for the 12th consecutive month.

The New Orders Index remained in contraction territory at 45.5%, showing ongoing decreases in new orders.

The Production Index was slightly in expansion at 50.4%, down from 52.5% in September.

The Supplier Deliveries Index was 47.7%, indicating faster supplier deliveries for the 13th straight month.

The Prices Index registered 45.1%, showing that raw materials prices decreased for the sixth consecutive month.