Homrich & Berg: Manufacturing PMI beats forecasts as new orders strengthen

• Market analysis published November 9, 2026, highlighted strong economic growth for the week ended November 6, 2026.
• ISM manufacturing PMI beat forecasts on stronger-than-expected new orders; services PMI also exceeded expectations.
• Capital goods orders excluding aircraft topped forecasts, boosting the earnings model.
• Third-quarter nonfarm productivity surged while unit labor costs fell, suggesting potential benefits from AI.
• The unemployment rate fell to 4.1%, signaling continued employment stabilization; jobless claims were below forecasts.

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