In August, US manufacturing production fell for the first time in seven months, with Manufacturing PMI dropping to 47.9.
Declining sales, weakened demand, and geopolitical issues contributed to reduced new and export orders.
Employment and purchasing activity also decreased, while input costs rose due to higher shipping, labour and raw material expenses.
Declining sales, weakened demand, and geopolitical issues contributed to reduced new and export orders.
Employment and purchasing activity also decreased, while input costs rose due to higher shipping, labour and raw material expenses.