US Manufacturing Contracts Shrink for Sixth Month Amid Tariff Impact
US manufacturing contracts for sixth straight month amid tariff drag, and it’s hard not to be taken aback by the situation. It’s almost as if the folks who thought increasing the cost of both supplies and labor simultaneously would magically create a manufacturing boom were… well, let’s just say they might not have had the firmest grasp on basic economics. It’s pretty ironic, isn’t it? And, really, who could have predicted this?
US manufacturing contracts for sixth straight month amid tariff drag – the data just doesn’t lie. It seems a lot of people were misled, thinking the whole “America First” plan would magically revitalize the sector.… Continue reading