US manufacturing sector deteriorates, enters contraction zone falling to 49, reflecting tariff wars
1 Articles
1 Articles
US manufacturing sector deteriorates, enters contraction zone falling to 49, reflecting tariff wars
The Corner Bankinter: The Leading Indicator declines more than expected in March: down 0.7% month-on-month in March against the drop of 0.5% estimated and 0.2% previous (revised from 0.3%). The main detractors are Consumer Expectations, Stock Prices and Manufacturing Orders (ISM). By contrast, Average Hours Worked, Building Permits and Unemployment Claims contributed positively. Of the 10 components that make up the indicator, half contribute ne…
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