US Manufacturing Activity Contracted in June for a Fourth Month

Slump goes on: Manufacturing contracts for fourth month in a row, ISM finds

US Manufacturing Contracts for 4th Consecutive Month in June

The U.S. manufacturing sector’s economic activity shrank for the fourth straight month in June as businesses tackled tariff concerns, the Institute for Supply Management (ISM) said in a July 1 statement. While ISM’s Purchasing Managers’ Index (PMI) rose 0.5 percentage points in June from May, it remained at 49 percent, below the 50 percent threshold. A PMI reading below 50 percent is an indication that industries in the manufacturing sector are …

US factory activity continues to slip in June amid trade tariff ...

U.S. manufacturing mired in weakness as tariffs bite | Honolulu Star-Advertiser

WASHINGTON >> U.S. manufacturing remained sluggish in June, with new orders subdued and prices paid for inputs creeping higher, suggesting that the Trump administration’s tariffs on imported goods continued to hamper businesses’ ability to plan ahead.

US manufacturing activity contracted in June for a fourth month

U.S. factory activity contracted in June for a fourth consecutive month as orders and employment shrank at a faster pace, extending the malaise in manufacturing.

US Manufacturing Activity Contracted in June for a Fourth Month

US factory activity contracted in June for a fourth consecutive month as orders and employment shrank at a faster pace, extending the malaise in manufacturing.