Manufacturing Sector Faces Ninth Consecutive Month of Contraction, but Hints of Hope Emerge
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Manufacturing sector experiences eighth consecutive month of contraction, raising concerns for industry professionals amid declining production and weak demand, according to the latest Manufacturing ISM® Report On Business®.
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Metalforming companies’ forecast for economic activity over the next three months remained fairly steady from the previous month, with some manufacturers expressing optimism and others anticipating headwinds.
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