US Manufacturing Weakens on Cost Increases, Tariff Concerns

By Peter Boockvar

By Peter Boockvar – The US ISM manufacturing index for July moderated by 2.1 pts to 58.1 which is a 3 month low and puts it below the average year to date of 59.1. Of note, new orders fell 3.8 pts to 60.2, the lowest since…

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From:: Financial Sense