The ISM manufacturing PMI likely ticked down but remained healthy in October, in line with slips in regional manufacturing surveys. The October ISM manufacturing PMI likely slipped a touch but maintained a healthy reading of 56.2 vs 56.6 in September. Regional surveys indicated a slowing in manufacturing activity across the country, with declines in the Fed indexes of Kansas City, Dallas, Philadelphia, and New York. ISM-weighted indexes also fell, with a slight decline in the adjusted Philly Fed index and an almost 3-point drop in the Empire State survey. In addition, the preliminary US Markit PMI fell to 56.2 from ... (full story)