The Numbers
ISM Manufacturing: Weak Growth Momentum, Limited Price Pressures
Stay overweight duration and favor curve steepeners as sluggish growth will allow the Fed to cut more than priced. The December ISM Manufacturing index missed estimates, falling to 47.9 from 48.2 and marking a tenth consecutive month in contraction. The…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Daily Insights
Concise macro insight that cuts through daily noise, helping clients stay informed on what matters in markets, why it matters, and how to talk about it, without spending hours reading research.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.