Wed, 02 Apr 2025 07:34:57 GMT
ISM report on Manufacturing below 50%
In March, U.S. manufacturing activity contracted, with the Manufacturing PMI® dropping to 49%, signaling a slowdown after two months of growth. Key indicators showed weaker demand and production, including a drop in the New Orders and Production indexes. Employment also declined as companies reduced staff.
Inventories increased, likely due to stocking up ahead of potential trade issues, while input costs