October manufacturing output remains solid, reports ISM

In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 60.8 1 (a reading of 50 or higher indicates growth), off 0.3% from September’s 61.1 reading. This represented the 17th consecutive month of growth, at a faster rate, coupled with October also representing the 17th consecutive month of growth for the overall economy.
Source: logistics Mgmt