U.S. Manufacturing Activity Shrinks for 5 Consecutive Months

huaxiazhiguang

2023-04-07

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Data shows that U.S. manufacturing activity has been shrinking for five consecutive months. As of the end of March, the PMI index dropped to 46.3%, continuing to decline. The Fed expects to start cutting rates as early as September. The global economy is entering a period of noticeable stagnation. ⚜More information please click⚜