ISM Manufacturing Index Contracted in April, Marking Two Consecutive Months of Decline 

The ISM Manufacturing Index declined slightly in April, to 48.7 from 49.0 in March. Eleven of 18 industries reported growth for the month, up from nine in February. In another sign of slowing momentum, 41% of manufacturing GDP contracted in April, comparable to the 46% in March. Demand conditions continued to be weak. The new […]

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