Negative
20Serious
Neutral
Optimistic
Positive
- Total News Sources
- 1
- Left
- 0
- Center
- 0
- Right
- 1
- Unrated
- 0
- Last Updated
- 15 days ago
- Bias Distribution
- 100% Right
The US manufacturing sector continues to face significant challenges, with the ISM Manufacturing Index reporting a contraction for the 21st month out of 22, registering at 47.2 in August, slightly up from July's 46.8 but below expectations of 47.5. Key components of the index showed a decline in new orders, which fell to 44.6, indicating persistent weakness in demand, while the employment sub-index improved marginally but remained in contraction at 46. The Prices Paid Index rose to 54, suggesting inflationary pressures are still present. Analysts highlight a broader slowdown in business activity, with many sectors expressing caution regarding future growth and orders. Despite these troubling indicators, the US Dollar Index has remained relatively stable. The outlook among industry leaders suggests a mix of hope for recovery and concerns about ongoing sluggishness in orders for the near term.
- Total News Sources
- 1
- Left
- 0
- Center
- 0
- Right
- 1
- Unrated
- 0
- Last Updated
- 15 days ago
- Bias Distribution
- 100% Right
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Timeline
Analyze and predict the
development of events
Negative
20Serious
Neutral
Optimistic
Positive
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