IS Manufacturing PMI Exceeds Expectations

The ISM Manufacturing PMI rose to 49.1 in September, surpassing the estimated 49.0. This indicates a slight expansion in manufacturing activity, although the reading remains below the neutral level of 50, suggesting ongoing challenges in the sector.

Rick Santelli Discusses Economic Trends

Economic analyst Rick Santelli provided insights on the latest manufacturing data during ‘Squawk on the Street’. His analysis highlights the importance of these indicators in understanding the overall economic landscape and potential implications for future growth.