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Shipments were virtually unchanged.
The unemployment rate showed little changed at 3.5%.
Year-to-date, the goods and services deficit increased 1.3%.
PIP also announced their plan to fully integrate the consumer side of Boss glove and safety business within PIPs Retail division, West Chester Protective Gear.
Craig Wiedemeier was previously vice president of operations.
Paul Molitor has held the post since 2014 and the search for a new executive is expected to conclude in the first half of 2020.
The October figure is 1.1% above the October 2018 estimate.
The appointments increase the company's foothold in the region's smart buildings market.
The November PMI registered 48.1%, a decrease of 0.2% from the October reading.
The average annualized sales growth for the 12 months through October 2019 is 6.1%.