US manufacturing slides 48.5% in June

By Agence France-Presse

Jul 03, 2024 12:27 am

WASHINGTON, D.C. — US manufacturing activity edged lower in June, deepening a recent slump on continued weak demand, according to industry survey data published Monday.

The Institute for Supply Management's (ISM) manufacturing index came in at 48.5 percent last month, down 0.2 percentage points from May.

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