U.S. factories face toughest times since the start of the pandemic in 2020
The numbers: A key barometer of American factories fell to a 30-month low of 49% in November — contracting for the first time since the start of the pandemic — in another sign the U.S. economy is getting weaker.The ISM report is viewed as a window into... The numbers: A key barometer of American factories fell to a 30-month low of 49% in November — contracting for the first time since the start of the pandemic — in another sign the U.S. economy is getting weaker.
“Looking into December and the first quarter of 2023, business is softening as uncertain economic conditions lie ahead,” an executive at a maker of plastics and rubber products told ISM. Consumers have also shifted spending from manufactured goods to services such as travel and recreation. That’s also reducing demand.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
US: ISM Manufacturing PMI drops to 49 in November vs. 49.8 expectedUS: ISM Manufacturing PMI drops to 49 in November vs. 49.8 expected – by eren_fxstreet Manufacturing PMI EconomicIndicator Macroeconomics UnitedStates
Les mer »
DOJ: Bothell drug dealer sentenced 10 years for involvement in 2020 drug ring takedownA Bothell man who was involved in a major drug ring bust in 2020 was sentenced to 10 years in prison on Tuesday, according to the U.S. Department of Justice (DOJ). FOX13
Les mer »