NEW YORK – The seasonally adjusted Milwaukee Index climbed to 56 in October from 50 in September, according to the Institute for Supply Management-Milwaukee.
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New orders received slid to 60 from 63, production held at 64, backlog increased to 54 from 49, and supplier lead times gained to 37 from 34.
Blue collar employment slipped to 60 from 64, while white collar employment fell to 56 from 59. Inventory levels declined to 54 from 58, while capital equipment purchases rose to 63 from 60.
The prices paid index grew to 60 from 57.
