Prior month +6KC Fed manufacturing index -18 versus +/monthComposite index is -8 versus -3 last month
The manufacturing index is at its lowest level since July 2023.
The index does move up and down a lot. Last month it went from -12 to +6. The +6 was the highest since August 2023 when it reached +12 before falling to -13 in September 2023.
A nothing burger
This article was written by Greg Michalowski at www.forexlive.com.
