International Economic

US manufacturing contracts more than expected, ISM data shows

By Benjamin Chiou

Date: Tuesday 01 Apr 2025

(Sharecast News) - The US manufacturing sector contracted by more than expected in March, according to a survey from the Institute for Supply Management (ISM) on Tuesday.
The ISM's US manufacturing purchasing managers' index (PMI) fell to 49.0 last month, 1.3 percentage points lower compared to the 50.3 reading in February....

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