U.S. manufacturing shrinks for ninth month as new orders fall: ISM

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: U.S. manufacturing slumped in November for the ninth straight month on declines in new orders, supplier deliveries and employment, the Institute for Supply Management said. The ISM’s Manufacturing PMI fell 0.5 percentage point to 48.2%, Susan Spence, chair of the institute’s manufacturing business survey committee, said in a statement Monday. New orders sagged ...