U.S. Manufacturing Trends Amid 11-Month Contraction

U.S. Manufacturing Trends Amid 11-Month Contraction

The U.S. manufacturing sector faced its 11th consecutive month of contraction, but signs of resilience are emerging, according to the latest Manufacturing ISM Report On Business. The Manufacturing PMI registered 49% in September, up 1.4% points from August, marking its highest level since November 2022. While this extends the contraction streak, it also marks the … Read more