Washington, Dec 2, 2024 (AFP) - US manufacturing slump extends into November

NAMPA / AFP
2024-12-02
An ongoing contraction in US manufacturing activity continued for an eighth consecutive month in November, but at a slower rate than before, according to survey data published Monday. The Institute for Supply Management's (ISM) manufacturing index rose to 48.4 percent last month, up 1.9 percentage points from October, as demand remained weak, it said in a statement. The figure was above market expectations of 47.6 percent, according to Briefing.......
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