The United States manufacturing activity has been on a consistent decline for the past eight months, prompting concerns about a potential recession and increased layoffs in the sector, with potential knock-on effects on the energy market.
WASHINGTON, D.C.: The slump in US manufacturing continued for an eighth straight month in June on the back of weak demand and slowing production, according to survey data published on Monday.
US stocks close marginally higher in half-day trading thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.
US manufacturing slump deepens, factory gate price pressures subdued inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.