ISM NY: Current Business Conditions came in at 51.6 in Oct, up from 49.7 in Sep
|"New York City purchasing managers reported modest improvements to a number of indices, while indicating reduced purchasing quantity and current revenues," the Institute for
Supply Management-New York reported on Thursday.
Key takeaways
- Current Business Conditions came in at 51.6 in October, up from 49.7 in September.
- The Six-Month Outlook increased to 62.6 in October.
- Employment, a seasonally adjusted index, was 54.8 in October, moving into growth territory for the third time in 2017.
- Prices Paid fell just short of reaching the highest point of 2017 (60.3 in June), coming in at 60.0 in October.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.