Nov. 3 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, talks about the Institute for Supply Management's factory index for October.
The ISM index increased to 59 in October, matching August as the highest since March 2011, after 56.6 the prior month, the Tempe, Arizona-based
group’s report showed today. Readings above 50 indicate expansion. A gauge of production was the strongest in a decade. (Source: Bloomberg)