U.S. manufacturing shrinks for first time in a decade: IHS Markit
Arirang News
2019-08-23
Views 0
미국도 제조업 경기 10년만에 최악
U.S. manufacturing has contracted for the first time in a decade on the back of dwindling orders.
According to IHS Markit on Thursday,... America's manufacturing purchasing managers index, or PMI, was 49-point-nine this month,... falling below the neutral 50-point-zero threshold for the first time since September 2009.
A reading below 50 indicates that a sector has seen negative growth.
IHS Markit says the slowdown indicates a pessimistic outlook on demand,... causing a reduction in inventories.
Analysts also say the tit-for-tat tariffs between the U.S. and China are also having an impact.
U.S. manufacturing has contracted for the first time in a decade on the back of dwindling orders.
According to IHS Markit on Thursday,... America's manufacturing purchasing managers index, or PMI, was 49-point-nine this month,... falling below the neutral 50-point-zero threshold for the first time since September 2009.
A reading below 50 indicates that a sector has seen negative growth.
IHS Markit says the slowdown indicates a pessimistic outlook on demand,... causing a reduction in inventories.
Analysts also say the tit-for-tat tariffs between the U.S. and China are also having an impact.
Report form
RELATED VIDEOS
