The U.S. manufacturing sector has been in a mild recession for more than one-year-and-a-half, with only a single reading in the ISM Manufacturing Index north of the 50 level since September 2022. And since June 2022, there were only two months in which the ISM New Orders Index poked above the 50 expansion/contraction threshold.
May
07
2024
Are Prices Impeding A Factory Recovery?
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