The US ISM Manufacturing PMI fell to 48.0 in July, marking the fifth straight month of contraction as weak demand and declining employment weighed on the sector, with key sub-indices signaling ongoing challenges for US manufacturers.
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US July ISM Manufacturing PMI Falls to 48.0, Marking Fifth Consecutive Month of Contraction (Comprehensive)
The US ISM Manufacturing PMI fell to 48.0 in July, marking the fifth straight month of contraction as weak demand and declining employment weighed on the sector, with key sub-indices signaling ongoing challenges for US manufacturers.