US Manufacturing Contraction Deepens Amid Tariff Pressures
From Quiver Quantitative: 2025-04-01 22:26:00
US manufacturing contracted in March, with the ISM manufacturing PMI dropping to 49.0, signaling a decline in the sector. Input prices surged to a three-year high, impacting profitability. Factory activity showed weakening demand, with new orders at their lowest since 2023, despite a rebound in production figures. Rising tariffs and trade tensions are contributing to the challenges faced by the manufacturing industry.
Uncertainty over Trump’s tariff policies is impacting the manufacturing sector, hindering business confidence and investment. Analysts warn that without clearer trade policies, the recovery may stall, affecting long-term economic growth. The contraction highlights the fragility of the US economy amidst trade uncertainties and rising costs.
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