Manufacturing hits lowest level since June 2020 - Fox Business


7/1/2022 12:00:00 AM2 years 10 months ago
by Breck Dumas

U.S. manufacturing slowed more than expected in June to a PMI reading of 53%, reaching the lowest level in two years as demand and employment contracted.

Economic activity in the U.S. manufacturing sector slowed more than expected in June to the lowest level in two years, as both demand and employment contracted according to the latest data. The Inst… [+2728 chars]

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