U.S. Manufacturing Expands 10th Straight Month, Momentum Cooling

October PMI at 55.5% confirmed a 10th consecutive month of U.S. manufacturing expansion, but the growth is cooling. Supply-chain managers should note that production outpaced new orders and inventories remain just above balanced supply.

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Bar chart showing U.S. manufacturing PMI values over recent months with the October reading at 55.5 percent

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