According to a report by JinShi, the US ISM manufacturing PMI for December was 49.3, with an expected reading of 48.4, up from the previous value of 48.4. It has risen for the second consecutive month since December last year, and both orders and production have rebounded, indicating that the cloud over the manufacturing industry may begin to dissipate. According to output indicators, the rebound in demand has helped achieve the first month of production growth since May. Meanwhile, the survey shows that more manufacturers are laying off employees at a faster pace. The employment index in December fell to 45.3, a decrease of nearly 3 points, the largest since July last year. @drenojer