Latest / Markets with Megan: A Quick Financial Markets Update
Economic Signals: ISM Manufacturing Index Update | Episode 0970 | 2-01-2024
In our second episode today, Megan Horneman looks into the ISM Manufacturing Index released today, February 1st. Megan highlights the trend of the manufacturing sector remaining in contraction for the past 15 months, staying below 50 on the index. However, she brings positive news as the index has increased to its highest level since October 2022. Megan also emphasizes a significant uptick in new orders, the most substantial since June 2020, signaling economic improvement. She addresses the Fed's potential focus on the surge in prices paid, the largest increase since December 2020, posing…
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