https://www.bloomberg.com/news/articles/2025-05-01/us-manufacturing-activity-shrinks-by-the-most-since-november

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Economics

US Manufacturing Activity Shrinks by the Most Since November

US Manufacturing Activity Shrinks by Most in Five Months
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By Vince Golle
May 1, 2025 at 10:00 AM EDT
Updated on
May 1, 2025 at 10:29 AM EDT
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Takeaways NEW

US manufacturing activity shrank in April by the most in five months
as lean order books and the repercussions from tariffs prompted the
steepest output contraction since 2020.

The Institute for Supply Management's factory gauge eased 0.3 point
to 48.7, data out Thursday showed. The group's production index
stumbled more than 4 points to 44. Readings below 50 indicate
contraction. Prices paid for inputs, however, accelerated slightly.

 
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