03
Sep
18:59
US manufacturing shrinks in August
While the overall economy appears to have grown in August, the manufacturing sector experienced contraction, says the Institute for Supply Management.
The institute’s manufacturing index fell 2.1 percentage points from July to August, reaching a score of 49.1%, Kallanish understands.
The production component of the index fell by 1.3 percentage points, while the employment portion fell by 4.3 percentage points. The supplier deliveries portion fell by 1.9…
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Anonymous
Very good overview of the weekly steel market.
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