Key Highlights
- ISM's purchasing managers index fell to 47.9% in December.
- This is a decrease from 48.2% in November.
- December's reading is the lowest of the year.
- The manufacturing sector has contracted for ten straight months.
U.S. manufacturing slump shows little sign of ending, ISM shows
U. S. manufacturing activity continues to decline, with the Institute for Supply Management reporting a drop in its purchasing managers index to 47.9% in December. This marks the lowest level of the year and the tenth consecutive month of contraction in the manufacturing sector.
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Sources
This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.
