Key manufacturing index at highest level in two years

Economic activity in the manufacturing sector grew to its highest level in two years in October, the Institute for Supply Management (ISM) said in a report issued Monday.ISM’s manufacturing index rose in October to 59.3 percent, which is 3.9 percentage points higher than the previous month and the highest level since September 2018. October was the sixth month in a row in which the index showed an expansion in the overall economy, following a…