December 22, 2024

Manufacturers are mired in a slump, ISM finds, and aren’t adding much to the U.S. economy

 Manufacturers are mired in a slump, ISM finds, and aren’t adding much to the U.S. economy

Manufacturers are mired in a slump, ISM finds, and aren’t adding much to the U.S. economy

A key barometer of U.S. factories fell in June for the third month in a row, signaling that an ongoing slump in the industrial side of the economy shows no sign of ending.