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Report: Policy Uncertainty Extends Manufacturing Downturn Into Sixth Month

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Photo by Clayton Cardinalli on Unsplash
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American manufacturers are caught in a prolonged downturn, with the Institute for Supply Management's key manufacturing index registering its sixth consecutive month of contraction in August. While the ISM manufacturing index edged up to 47.8 from July's reading, it remains well below the 50 threshold that separates growth from decline. The persistence of the manufacturing […]

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