(ISM) US Manufacturing PMI was at 61.1% in November, a gain of 0.3 percentage point from the previous month.
The PMI reading indicates manufacturing expansion for the 18th month following Covid-19 induced contractions in April last year.
The New Orders Index rose by 1.7 percentage points to 61.5%, while the Production Index gained 2.2 percentage points to 61.5%.
Export orders fell, with the index down by 0.6 percentage points to 54%. Imports orders increased, as the gauge improved by 3.5 percentage points to 52.6% in November.
Backlogs eased, with the index falling 1.7 percentage points to 61.9. The Inventories Index fell by 0.2 percentage points to 56.8 in November.
The Suppliers Deliveries Index fell by 3.4 percentage points to 72.2%.
Employment gained momentum, with the gauge improving by 1.3 percentage points to 53.3%
The Prices Index was down by 3.3 percentage points to 82.4%.
SPY is up +1.57%, DXY is down -0.07%.
