Activity in the U.S. manufacturing sector grew at a slightly slower rate in the month of November, according to a report released by the Institute for Supply Management on Monday, although the index of activity in the sector fell by much less than anticipated.
The ISM said its purchasing managers index edged down to 58.7 in November from 59.0 in October, with a reading above 50 indicating continued growth in the manufacturing sector. Economists had expected the index to drop to a reading of 57.8.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.