Manufacturing activity in the U.S. unexpectedly contracted in the month of August, the Institute for Supply Management revealed in a report released on Thursday. The ISM said its purchasing managers index slumped to 49.4 in August from 52.6 in July.
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Manufacturing activity in the U.S. unexpectedly contracted in the month of August, the Institute for Supply Management revealed in a report released on Thursday. The ISM said its purchasing managers index slumped to 49.4 in August from 52.6 in July.