Surprise: ISM Manufacturing Report Declines By Young Research - September 1, 2016 The ISM Report on Manufacturing recorded a surprise decline in August. Any index value below 50 indicates a decline in manufacturing, and this month’s reading was the first decline since February. Share this:EmailTwitterFacebook RELATED ARTICLESMORE FROM AUTHOR Do Lower Mortgage Rates Matter if House Prices Are Still High? This Has Never Happened to German Bonds Before Now Time to Get Defensive?