This marked the 19th contraction in the manufacturing sector over the last 20 months
The U.S. manufacturing sector contracted for the third consecutive month in June, according to a report released by the Institute for Supply Management (ISM).
The ISM manufacturing purchasing managers’ index (PMI) stood at 48.5 percent in June, down 0.2 percentage points from 48.7 percent in May. The market expectation for the index, based on responses from…
