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Economy And The Numbers

U.S. Manufacturing Growth Continues To Slow In January

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Growth in U.S. manufacturing activity continued to slow in the month of January, the Institute for Supply Management revealed in a report on Tuesday.

The ISM said its manufacturing PMI fell to 57.6 in January from a revised 58.8 in December, although a reading above 50 still indicates growth in the sector. The index decreased for the third straight month, slipping to its lowest level in over a year.

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