ISM Manufacturing Business Conditions Index Reversal
Announced on December 3, 2024 at 0:00.ISM Manufacturing Business Activity IndexResults compared to the previous month's 46.5.48.4It was.
This is the data for November.
This index views above 50 as prosperous and below 50 as recession.
Current manufacturing is determined to be in recession.
IdeallyISM Manufacturing Business Activity IndexRising is a bullish factor for stocks.
Currently, what the market desires isRate cutIt is.
In the future, if the manufacturing industry rebounds, the FRB will determine that the economy has improved.Rate cutI will halt trading.
In the current market conditions, it is actually favorable for stocks not to thrive in a booming economy.
ISM Manufacturing Business Activity IndexIf it keeps rising, it may exceed financial estimates.a factor for the stock market downturn.There is a possibility of making a greater profit than anticipated.
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