U.S. Manufacturing Momentum Stalls in September

U.S. Manufacturing Momentum Stalls in September

U.S. Manufacturing Momentum Stalls in September

The pace of U.S. manufacturing activity in September hit its lowest level in more than two and a half years as new orders and employment contracted, signaling ongoing uncertainty in long-term demand. The Institute for Supply Management’s leading factory index, the PMI, declined 1.9 percent to 50.9 percent last month. Any number above 50 indicates…

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