US Manufacturing Crashes Into Contraction In August, Election Uncertainty Blamed

Thursday, September 1, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Sep 1, 2016

ISM Manufacturing had already rolled over in July, but August’s collapse (from 52.6 to a contractionary 49.4) has erased the dead cat bounce hopes of Q2. Across the board, ISM factors deteriorated with new orders plunging.

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