U.S. Manufacturing Contracts in June (.PDF Download)

July 18, 2023
After posting 28 straight months of growth, the U.S. manufacturing sector contracted for the eighth month in a row in June.

In June, the U.S. manufacturing sector contracted for the eighth month in a row, according to the latest Manufacturing Institute of Management (ISM) Report On Business. In June, the Purchasing Managers' Index (PMI) dropped by 0.9% compared to the prior month.

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