US manufacturing

US manufacturing mired in weakness; construction spending falls

US manufacturing contracted at a moderate pace in August amid some improvement in employment, but a further decline in new orders and rise in inventory suggested factory activity could remain subdued for a while

September 4, 2024
September 4, 2024

US manufacturing mired in weakness; construction spending falls

US manufacturing contracted at a moderate pace in August amid some improvement in employment, but a further decline in new orders and rise in inventory suggested factory activity could remain subdued for a while

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