International Economic

Factory sector activity slows by more than expected in April, ISM says

By Alexander Bueso

Date: Wednesday 01 May 2024

(Sharecast News) - Factory sector activity in the U.S. declined unexpectedly last month, even as price pressures picked up, the results of a closely-followed survey revealed.
The Institute for Supply Management's manufacturing sector Purchasing Managers' Index slipped from a reading of 50.3 for February to 49.2 in March.

Consensus had...

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