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US manufacturing growth stalls in Mar after strong Feb growth: PMI
US manufacturing sector growth stalled in March this year after growing strongly in February, as production declined and order books expanded modestly despite proof of exports stabilising, according to S&P Global Ratings. Confidence in the outlook for business activity softened. Softer trends in output and new orders, plus uncertainty in the outlook, weighed on hiring decisions.
US manufacturing sector growth stalled in March this year after growing strongly in February, as production declined and order books expanded modestly despite proof of exports stabilising, according to S&P Global Ratings.
Confidence in the outlook for business activity softened.
Softer trends in output and new orders, plus uncertainty in the outlook, weighed on hiring decisions.
