ISM Manufacturing PMI contracts at faster-than-expected clip in July

13 hours ago 1
Businesswoman viewing graphs on digital tablet in business meeting

Monty Rakusen

The U.S. ISM Manufacturing PMI slid to 48.0 in June, vs. 49.5 consensus, from 49.0 in the prior month, according to data released by the Institute for Supply Management on Friday.

July's tally marks the fifth straight month in which manufacturing

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