Washington, Sept 2, 2025 (AFP) - US factory activity contracts at slower pace in August

NAMPA / AFP
2025-09-02
Manufacturing activity in the United States shrank for a sixth straight month in August, survey data showed Tuesday, with production pulling back and employment still weak. The manufacturing index of the Institute for Supply Management (ISM)was 48.7 percent last month, up from 48.0 percent in July. But the figure was still below the 50-percent reading that would indicate the sector is expanding. "In August, US manufacturing activity contracted at......
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