US Manufacturing Crashes Into Contraction In August, Election Uncertainty Blamed
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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