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 US manufacturing contracts for the first time in three years amid China trade war

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US manufacturing contracts for the first time in three years amid China trade war Vide
PostSubject: US manufacturing contracts for the first time in three years amid China trade war   US manufacturing contracts for the first time in three years amid China trade war Icon_minitimeTue Sep 03, 2019 7:17 pm

  • The ISM U.S. manufacturing PMI declined to 49.1% in August, the lowest reading in more than three years.
  • Any reading below 50% signals a contraction.
  • The August contraction ended a 35-month expansion period where the PMI averaged 56.5%, according to the ISM.

US manufacturing contracts for the first time in three years amid China trade war Image (32).1567530803894

https://www.cnbc.com/2019/09/03/the-manufacturing-sector-is-contracting-according-to-ism-survey.html

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