US Manufacturing Continues Contraction Amid Trade Tensions

1 min read
Source: MarketWatch
US Manufacturing Continues Contraction Amid Trade Tensions
Photo: MarketWatch
TL;DR

Despite the reduction of tariffs, US manufacturing remains in a slump with ongoing trade tensions causing increased costs, reduced demand, and pessimism among executives, leading to a contraction in new orders and employment, and a slow economic recovery.

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