• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

US Manufacturing Sector Slows to 10-Month Low in October

November 1, 2021 by Forex Winner Leave a Comment

US Manufacturing Sector Slows to 10-Month Low in October

Source: Markit Economics 

The American manufacturing sector growth slowed to a ten-month low in October, dragged by supply chain shortages.

  • The seasonally adjusted IHS Markit US Manufacturing Purchasing Managers’ Index stood at 58.4 in October, down from 60.7 in September.
  • The latest figure in the manufacturing sector was the weakest for 10 months.
  • The overall upturn was the slowest for 15 months, as companies noted the strong demand conditions, amid raw material shortages hitting demand from clients.
  • Production growth slowed to the softest since July 2020, with raw material and labor shortages noted as the downers for the upturn.
  • Performance was also hit by supplier shortages, transportation delays and strong demand inputs worsened the decline in vendor performance.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

Intertrader

Intertrader Review

June 5, 2019 By Forex Winner

Fidelity Review

November 19, 2019 By Forex Winner

europefx

EuropeFX Review

December 26, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure