US ISM Manufacturing Employment (Jan) 48.1 (Prev. 44.8, Rev. From 44.9)
Newsquawk Staff ·
US ISM Manufacturing Employment (Jan) 48.1 (Prev. 44.8, Rev. From 44.9)
What it means
The latest ISM Manufacturing Employment figure for January came in at 48.1, significantly higher than the prior reading of 44.8 (revised from 44.9). This improvement may suggest a stabilization in manufacturing employment, but a reading below 50 still indicates contraction. Traders should consider this in the context of broader economic conditions and potential implications for monetary policy as it relates to growth and inflation.
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