October saw a 56.9%. The Street is looking for a 57% for November. Did we achieve it? Check for yourself at http://www.ism.ws/ISMReport/MfgROB.cfm?navItemNumber=12942, or read the highlights.
Overall, the index comes in at 56.6%, still growing but slower than October. The overall economy is considered to be growing, but at a slowing rate, a trend which has continued for the last 19 months. The result is mildly disappointing, but not terrible by any means.
Construction spending saw an overall increase of 0.5% from September to October, but a 10.4% decrease from October 2009 to October 2010. The Street is expecting construction spending to decrease in October, falling 0.4%. The figures are at http://www.census.gov/const/C30/totsa.pdf, and here's the highlights:
Overall construction spending increased by 0.7%, with residential construction spending leading the pack with 2.4% growth. Much better than expected.
Oh, and the Dow is up 196.75. Yee-haw?