Manufacturing economy weakest in a decade as December ISM index comes in at 47.2
Manufacturing activity in the U.S. contracted to its lowest level in more than a decade last month even as China and the U.S. showed progress on the trade front.
The Institute for Supply Management said Friday that its manufacturing index fell in December to 47.2. That’s its lowest level since June 2009, when it hit 46.3. Economists polled by Reuters expected a reading of 49 for December. Anything below 50 represents sector contraction.
https://www.cnbc.com/2020/01/03/ism-man ... -2019.html" onclick="window.open(this.href);return false;
DIscuss all labor issues here.
1 post • Page 1 of 1