Growth in U.S. Manufacturing Eases From a 13-Year High

An employee manufactures components for plastic kayaks at the Jackson Kayak Inc. factory in Sparta, Tennessee, U.S., on Wednesday, Oct. 4, 2017. Durable goods orders for the month of August increased 2%, topping survey expectations.Photographer: Luke Sharrett/Bloomberg
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Manufacturing remained solid in October even as expansion at U.S. factories cooled from a 13-year high a month earlier, figures from the Institute for Supply Management showed Wednesday.

The ISM’s measure remained above the 57.1 average so far this year through September, consistent with a firming-up in the industry.