US Manufacturing Faces Persistent Slump Amidst Tariffs and Stagflation Concerns

1 min read
Source: Reuters
US Manufacturing Faces Persistent Slump Amidst Tariffs and Stagflation Concerns
Photo: Reuters
TL;DR

US manufacturing activity slightly improved in September but remains in contraction due to ongoing tariffs and trade uncertainties, with subdued employment and new orders, prompting expectations of further Federal Reserve rate cuts to support the labor market.

Share this article

Want the full story? Read the original reporting

Read on Reuters