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11 Apr
20:59

Manufacturing activity continues to retract in US

Manufacturing activity in the US fell for the fifth consecutive month in March to the lowest level seen since pandemic-related shutdowns were implemented in May 2020, Kallanish gathers from the Institute for Supply Management's (ISM) manufacturing purchasing managers’ index (PMI). The ISM’s manufacturing PMI reading registered at 46.3% in March, falling by 1.4% below February’s reading of 47.7%. The latest PMI reading marks the…
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