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Politics : Formerly About Advanced Micro Devices
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From: SeachRE1/4/2020 5:50:04 AM
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Manufacturing is the WEAKEST since the Financial Crisis: Things often get worse before they get better, and that’s still the case for American factories.Activity across the country’s manufacturing sector further deteriorated in August, just when economists predicted things would start to stabilize. The Institute for Supply Management’s manufacturing index unexpectedly fell to 47.2 in December from 48.1 in November. Economists polled by Bloomberg anticipated an increase to 49.

The reading reflects the weakest level of manufacturing activity since June 2009 and it’s the fifth straight month of contraction in the sector. (Prints below 50 represent contraction while readings above that level denote expansion.) -- Barron's
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