Manufacturing growth remained solid in November
The ISM manufacturing index eased back to 58.2 in November from 58.7 in October. The ISM noted “Comments from the panel reflect expanding business conditions.” The new orders index strengthened to 64.0 from 63.4, the production index rose to 63.9 from 61.0, and the employment index was little changed at 59.7 versus 59.8.
RDQ Economics provides global macroeconomic consulting services with an emphasis on U.S. economic fundamentals and monetary policy.
Our views are driven by consistent application of classical economic and monetary principles and has generated superior anticipation of changes in the stance of monetary policy and of movements in economic growth and inflation.
The founders of RDQ Economics, John Ryding and Conrad DeQuadros, have a combined experience of 26 years on Wall Street, 12 years of experience in central banking at the Federal Reserve and the Bank of England and nine years in the independent research space. John and Conrad have worked closely with fixed income, foreign exchange, and equity traders and portfolio managers, which has enabled their analysis and advice to be tailored to a clientele that is focused on trading and investment decisions.
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