Manufacturing Flat.
PMI Manufacturing Index (October 2015)
– Level 54.1. Previous was 53.1.
ISM Manufacturing Index (October 2015)
-Index 50.1. Previous was 50.2
Taking a look at the two manufacturing indices let’s call manufacturing flat for October.
Construction Spending (September 2015)
– Construction Spending (seasonally adjusted) month/month +0.6%. Previous was +0.7%
– Construction Spending (seasonally adjusted) year/year +14.1%. Previous was +13.7%
Residential Construction Spending was +1.8% month/month.