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US Manufacturing Activity Decreases For Fourth Straight Month, Hits 8-Month Low: 'Companies Show An Unwillingness To Invest In Capital'
Thursday, August 1, 2024 - 10:26am | 549The U.S. manufacturing barometer declined more than anticipated in July, marking the fourth consecutive month of contraction in the sector and the worst one since December 2023, according to the Institute for Supply Management (ISM). The struggles in the manufacturing sector continued to contrast...