Manufacturing Sector Sinks Further Into Contraction
The December ISM Manufacturing report came in weaker than expected and was all around bad just about any way you look at it. At the headline level, economists were expecting the ISM Manufacturing index to rebound from 48.1 up to 49.0, but instead of a bounce, we actually saw a decline to 47.2, which was the lowest level since June 2009.
News story posted on 2020-01-04T10:23:00.0000000Z
