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May 07 2024

Are Prices Impeding A Factory Recovery?

  • May 7, 2024

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.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager