ISM: Manufacturing down again in August
US manufacturing activity contracted for a fifth straight month in August, Institute for Supply Management (ISM) said.
US manufacturing activity contracted for a fifth straight month in August, Institute for Supply Management (ISM) said.
The Index has indicated contraction in the manufacturing sector for 19 of the last 20 months.
The index had briefly showed expansion in March, but has indicated a contracting manufacturing sector for 17 of the last 18 months.