U.S. Factory Activity Growth Slowed in August
The ISM's purchasing managers index was 54.6 in August compared with 55.6 in July. Analysts polled by The Wall Street Journal were expecting a reading of 55.3.

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The ISM's purchasing managers index was 54.6 in August compared with 55.6 in July. Analysts polled by The Wall Street Journal were expecting a reading of 55.3.
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The ISM's purchasing managers' index was 55.6 in July compared with 53.3 in June. Analysts polled by The Wall Street Journal were expecting a reading of 54.
The Institute for Supply Management's purchasing managers' index was 53.3 last month, 0.7 percentage point lower than in May.
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The Institute for Supply Management said that its purchasing managers index of manufacturing activity fell to 47.9 in the month, compared with 48.2 in November.
New orders from U.S. factories contracted 4.8% month over month to $611.7 billion in June. Orders have dropped for two of the past three months.
"The dominant theme remains tariffs,†the ISM notes.
The Institute for Supply Management said its purchasing managers' index of manufacturing activity contracted to 48 in July from 49 in June.
Orders from U.S. factories grew in March, rising for a third straight month, the Commerce Department said.
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