November 4, 2025Nov 4 American manufacturers contracted for the eighth month in a row, a new survey showed, and there appeared to be no end in sight because of high Trump administration tariffs. A closely followed manufacturing index slipped to 48.7% in October from 49.1% in the prior month, the Institute for Supply Management said Monday. Any number below 50% signals contraction. The ISM surveys executives every month about how their businesses are doing. https://www.morningstar.com/news/marketwatch/2025110370/business-continues-to-be-severely-depressed-us-manufacturers-blame-tariffs
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