U.S. Factory Sector Contracts For First Time In A Decade: IHS Markit

23 Ağustos 2019

U.S. manufacturing industries recorded their first month of contraction in almost a decade amid concern about whether the U.S.-China trade conflict would tip the economy into a recession, a private survey showed on Thursday. IHS Markit said its "flash" or preliminary measure on domestic factory activity fell to 49.9 in August, its lowest level since September 2009. This compared with a final reading of 50.4 the month before. A reading below 50 means the manufacturing sector is contracting. (22.08.2019)

Source: Reuters
Post by : Republic of Turkey Ministry of Trade