US manufacturing data: Sector contracts for 7th month in a row; ISM index shows slight improvement

Oct 2, 2025 - 00:00
US manufacturing data: Sector contracts for 7th month in a row; ISM index shows slight improvement

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US manufacturing contracted for the seventh straight month in September, though the decline eased slightly due to production growth. However, new orders and inventories fell, making overall improvement negligible. Businesses expressed a gloomy outlook, citing tariffs as a significant burden on costs and sentiment.

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