Factory Activity Slumps Again as Demand Softens

Factory Activity Slumps Again as Demand Softens

Factory activity in the United States contracted for the second month in a row in December as demand for manufactured goods continues to decline. Overall, factories have begun hiring freezes while the electronics sector – one of the six largest U.S. industries — continues the hunt for skilled labor. The U.S. PMI declined to 48.8…

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