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U.S. Factory Gauge Slumps to Six-Month Low Amid Trade War (2).

Authors :
Chandra, Shobhana
Source :
Bloomberg.com; 11/1/2018, pN.PAG-N.PAG, 1p
Publication Year :
2018

Abstract

A gauge of U.S. manufacturing fell by more than forecast to a six-month low, as orders and hiring cooled amid escalating trade tensions with China, data from the Institute for Supply Management showed Thursday. "Import tariffs and counter-tariffs are the biggest inhibitor to the expansion in manufacturing" and trade strains are "restricting demand", Fiore said in an interview. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
140608570